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Euro continues to be under significant pressure due to increasing political uncertainty in France. President Emmanuel Macron’s call for a snap election has heightened fiscal consolidation risks, with Moody’s describing this development as “credit negative.” Investor confidence has further eroded following a poll suggesting the National Rally could significantly increase its seats in the upcoming […]

The post Euro’s Brief Respite Ends, Renewed Selloff Driven by French Political Woes appeared first on Action Forex.

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03/07/2024

Dollar Weakens Against European Majors Ahead of Key Economic and Political Events

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