Dollar Rises as Euro Falls to 17-Month Low

The euro fell to its lowest level in 17 months at $1.1161, weighed down by financial and political concerns in France.

Those concerns put pressure on the single currency as investors sought safer assets, helping lift the dollar.

The US currency also drew support from rising US bond yields, adding to the strength generated by safe-haven inflows.

The contrasting moves highlighted the pressures facing the euro, with uncertainty in France weighing on sentiment while higher US yields bolstered demand for the dollar.