]The euro rose to $1.165, moving further away from a two-month low of $1.154 on Tuesday, after France’s government survived a no-confidence vote. Prime Minister Sebastien Lecornu’s pledge to suspend a landmark pension reform secured support from some left-wing lawmakers. Meanwhile, US dollar came under pressure after Fed Chair Jerome Powell highlighted labor market weakness, and Wednesday’s Fed Beige Book confirmed further slowing in the US economy, reinforcing expectations of another rate cut this month. This dovish outlook contrasts with ECB projections, which suggest interest rates are likely to remain unchanged. Meanwhile, US-China trade tensions escalated following China’s expansion of rare earth export controls last week, criticized by senior US officials, though Presidents Trump and Xi Jinping are still expected to meet in South Korea later this month.