EUR: Living with French political instability – ING
Political instability and missed fiscal targets are raising doubts about France’s ability to meet EU rules and avoid further rating downgrades. The path ahead looks highly uncertain, ING's FX analyst Chris Turner notes.

Political instability and missed fiscal targets are raising doubts about France’s ability to meet EU rules and avoid further rating downgrades. The path ahead looks highly uncertain, ING's FX analyst Chris Turner notes.

Rate spreads remain EUR/USD supportive

"However, sovereign upgrades for Spain and Portugal are offsetting the French news, and the global glass-half-full environment is keeping the euro bid. EUR/USD is pretty close to resistance at 1.1800/1830 now. The most likely trigger for a breakout would be tomorrow night's Fed – but let's see if it happens earlier."

"In the eurozone today, we'll receive updates on the ZEW investor sentiment surveys. These might nudge higher on the back of the positive equity environment seen this summer, but look unlikely to be a market mover. But rate spreads remain EUR/USD supportive as the market increasingly concludes that the ECB is done cutting at 2.00%, while the Fed has another 125-150bp of easing to deliver."

Acuity Trading
Trade The World
Acuity Trading adalah perusahaan fintech berbasis di London yang didirikan pada 2013, fokus pada data alternatif berbasis AI dan analisis sentimen untuk trading dan investasi. Mereka merevolusi pengalaman trading online dengan alat berita dan sentimen visual, dan kini terus memimpin pasar dengan data alternatif penghasil alfa dan alat trading interaktif tinggi berbasis riset dan teknologi AI terbaru.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut