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TDUX
Oct 18 - 10:55 PM
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EUR/GBP - Hits 17-Mth Low On France Unrest, Ukraine Tensions

By Krishna Kumar  —  Oct 18 - 09:34 PM

• EUR/GBP down 0.15% in Asia after sliding 0.45% early Mon on France riots

• Dropped to lowest since May 2025 after weekend riots in major French cities

• Macron urges calm as France counts the cost of worst unrest in years

• France's budget concerns, political uncertainty also weigh

• Ukraine war escalation, US-Ukraine tensions take a toll on euro

• Trump-Zelenskiy rift threatens vital support for Kyiv

• Putin proposes summit with Trump and Xi over Ukraine conflict, WSJ says

• Support 0.8395, 0.8375, 0.8350-55, resistance 0.8430-35, 0.8450, 0.8470-75

• Asia range 0.8395-0.8421, Friday range 0.8420-0.8450
EURGBP:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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