The euro climbed toward $1.17, its strongest level since mid-October, bolstered by broad dollar weakness, firmer rhetoric from European Central Bank officials, and progress on France’s 2026 social-security budget. The US Federal Reserve delivered the expected rate cut while signaling a likely pause in January as policymakers await additional data to assess the economic outlook. Meanwhile, investors pared back expectations for additional ECB easing after officials signaled that further cuts may not be necessary in 2026. President Christine Lagarde indicated that the central bank will raise Eurozone growth projections next week, as the economy shows resilience amid ongoing trade tensions. In France, political risks eased slightly after the National Assembly narrowly approved next year’s social-security bill, providing a temporary boost to S