EUR/USD Recovers to 1.1250 as French Bond Markets Stabilize
EUR/USD trades back at Monday's opening levels near 1.1250, supported by a weaker US Dollar and improved sentiment in French bond markets.
EUR/USD trades back at Monday's opening levels near 1.1250, supported by a weaker US Dollar and improved sentiment in French bond markets.
Traders are shorting French government bonds as the budget fight escalates, lifting yields and pressuring French debt prices.
Bank of France raises 2026 inflation forecast, lifting euro and French bond yields while weighing on European stocks.
French inflation surges to a more than two-year high, driving the euro higher and pressuring the ECB to maintain a restrictive stance.