Euro falls as ‘gilets jaunes’ protests hit French economy – BBC News

The euro has fallen against the dollar after disappointing French and German economic surveys dismayed the markets.

gilets jaunes euro vs dollar

In France, private sector business activity contracted for the first time in two and a half years as the “gilets jaunes” protests took their toll.

In Germany, private sector activity slowed to a four-year low. The surveys pointed to weak fourth-quarter growth in the two biggest eurozone economies.

After the figures were published, the euro fell 0.6% to below the $1.13 mark.

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