The financial crisis in France drags down the euro, which falls to a new low against the British pound

According to Gate market data, affected by the deepening financial crisis in France and political risks in Europe, the euro fell to its lowest level against the pound since June last year, dropping 0.4% to 0.8449 at one point, breaking below the low point of July this year. The pressure on the French bond market has intensified, fiscal deficit targets have been missed, and policy deadlock along with the presidential election has brought uncertainty, undermining investor confidence.