The euro is quickly overthrown on the titles here, EUR / USD lowering from 0.6% to 1.1665 per day. EUR / GBP also dropped from 0.3% to 0.8680 while French political misfortunes weighed on currency. At the same time, French shares also deepened losses with the CAC 40 index down 1.7% of the day.
The newly appointed French Prime Minister, Lecornu, was immediately under pressure on weekends while he was fighting to put his tax affairs in order. There were concerns about the implementation of the budget in order to solve the growing problem of the deficit for the second largest economy in Europe. And obviously, this is too hot to manage as the play of musical chairs continues.
EUR / USD HOUSE TABLE
The drop in EUR / USD is still largely contained from a technical point of view, but the mobile average at 100 days is not too far at 1.1620. And it will be a key line in the sand while respecting the pair since its push from March to September.
John Harbaugh agreed Saturday to become coach of the New York Giants, finalizing the longtime big-market franchise's all-out search for…
Virginia Gov. Abigail Spanberger (D) moved quickly to change direction at the state's universities in her first hours in office…
Lamar Odom faces new legal problems. The two-time NBA champion was arrested and convicted of driving under the influence on…
Polling for the Maharashtra municipal corporation elections, including that of the crucial and cash-rich Brihanmumbai Municipal Corporation (BMC), will be…
Trump appears to rule out Hassett as Fed chairman in his comments.Trump said Hassett was good on television today and…
An incredibly costly fumble by Josh Allen changed the game just before halftime today in Denver.After the Broncos scored a…