Euro dips further as French central bank chief warns the country risks being ‘strangled by interest rates’ – business live

Euro extends last week’s 1.2% drop amid French debt fears and political uncertainty in Europe

European shares are rising while government bond yields retreated, after soaring to multi-decade highs last week.

The pan-European Stoxx 600 index rose 0.8%, on track for a third session of share gains. In London, the FTSE 100 index advanced 82 points, or 0.8%, to 10,580.