Trade The World
EUR: French politics is weighing – ING
Oleh FXStreet Insights Team
Tanggal Diterbitkan: 7 Oct 2025 | Tanggal Dimodifikasi: 7 Oct 2025
POPULAR ARTICLES
The latest reports suggest President Macron has given the outgoing Prime Minister Sebastien Lecornu until Wednesday evening to try and work with a fractured parliament to find a new prime minister.
The latest reports suggest President Macron has given the outgoing Prime Minister Sebastien Lecornu until Wednesday evening to try and work with a fractured parliament to find a new prime minister. It is not clear what would happen if Lecornu fails, with the options presumably being a pure technocrat for the job or early elections, ING's FX analyst Chris Turner notes.
Downside risks are building in the absence of fresh US news
"Betting markets currently price a 57% probability that early elections are called by the end of this month. But as our team writes, it's not clear that early elections will solve anything. Expect FX traders to keep one eye on the French: German OAT:Bund spread over the coming weeks and months. A move through 90bp would raise some alarm bells and add to some independent weakness in the euro."
"EUR/USD has been finding support at 1.1650, but it feels like downside risks are building in the absence of fresh news from the US."
FXStreet
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More
