{
  "id": 13188377,
  "title": "Euro falls, set for fifth straight weekly drop as oil prices rise",
  "url": "https://urgent.news/2026/10/09/euro-falls-set-for-fifth-straight-weekly-drop-as-oil-prices-rise-13188377",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T15:23:13.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/euro-falls-set-fifth-straight-weekly-drop-oil-prices-rise-6444831"
  },
  "original_language": "en",
  "account": "The euro faced a potential fifth consecutive weekly decline on Friday, as oil prices surged and offset early gains. However, recent selling pressure eased as France's struggling bond market stabilized. The euro reached a 17-month low of $1.1161 on Monday due to concerns over France's high public debt and the political challenges of implementing budget cuts, in stark contrast to the strong performance of the US economy and currency. The dollar index climbed 0.13% to 102.25, up 0.3% on the week and on track for a fourth consecutive weekly gain, its longest streak since May 2025. The euro slipped 0.1% to $1.1198 and declined approximately 0.5% over the week, poised for its longest run of weekly losses against the dollar since the start of 2025. Risk premiums on French and Italian government debt were expected to decline following a drop in late September, as investors awaited new information before demanding higher compensation for fiscal and political risks.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Euro falls, set for fifth straight weekly drop as oil prices rise",
        "url": "https://urgent.news/2026/10/09/euro-falls-set-for-fifth-straight-weekly-drop-as-oil-prices-rise",
        "published": "2026-10-09T15:23:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}