ForexMedium•2 October 2026•
1 min read
EUR/USD Hits Year-to-Date Low on French Fiscal Concerns and Dollar Strength
Key Facts
1The EUR/USD pair hit a new year-to-date low as French public finance concerns triggered a government bond sell-off.
2The US dollar is expected to remain supported by resilient economic activity, elevated energy prices, and hawkish Fed bets.
The EUR/USD pair hit a new year-to-date low on October 2, 2026. Forex.com reported that the decline was triggered by a sell-off in French government bonds as concerns over the country's public finances intensified.
The US dollar is expected to remain supported by resilient economic activity, elevated energy prices, and hawkish Federal Reserve bets. This strength persists as markets evaluate recent data, including JOLTs job openings which fell to 7.079 million on September 29, 2026, ahead of upcoming labor market reports.