EUR faces downside risks to 1.1100 vs USD – ING
Francesco Pesole at ING notes the Euro is under pressure from French bond market turbulence, adding a fiscal risk premium and driving a repricing lower in ECB rate expectations.
Original · FXStreet AI summary of public reporting
Why: French bond turbulence adds fiscal risk premium → lower ECB rate expectations
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Prices since publication
At publication → CurrentEUR1.124 → 1.12−0.3%