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FINOVEX News FINOVEX AI (5 Oct)

Euro falls to 17-month low against the dollar amid fiscal problems in France

Euro hits 17-month low against the dollar due to fiscal issues in France and political uncertainty in Europe, while bitcoin remains stable near US$ 86 thousand.

AI-generated. Check the date, context and references before using the information in this text.

This post was machine-translated from the original.

Published on 05 October 2026. The news, plans and figures cited reflect that context and may have changed since.

Dollar advances to 18-month high amid fiscal concerns in Europe

The euro fell to its lowest level in 17 months against the dollar on Monday, influenced by fiscal issues in France, such as the high deficit and rising borrowing costs, in addition to political uncertainties in the region, including the call for early elections in Spain on 29 November.

These factors contributed to the strengthening of the dollar index, which reached its highest level in 18 months, reflecting a search for assets considered safer in an environment of European instability.

Bitcoin remains stable despite the strength of the dollar

While the dollar was posting significant gains, bitcoin remained near US$ 86 thousand, demonstrating resilience in the face of the strengthening of the US currency.

The maintenance of bitcoin's current levels occurs in a context of greater risk aversion in some asset classes, but with continued support in the cryptocurrency market.

The euro has a problem with France.

Sources

References recorded in the post, with the date each link was accessed.

  1. coindesk.com coindesk.com · 05 October 2026 Link accessed on 05 October 2026
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