Euro Stays Lower Versus Dollar As French Industrial Output Rises

The euro stayed lower against the dollar and yen as a report showed French industrial production climbed in August.

The 17-member currency weakened 0.2 percent to $1.2862 at 7:51 a.m. London time, after earlier touching $1.2835, the lowest since Oct. 1. It also declined 0.2 percent to 100.64 yen. The yen was little changed at 78.24 per dollar.

French industrial output rose 1.5 percent from a month earlier. The median estimate in a Bloomberg survey called for a 0.3 percent drop.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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