DOMESTIC CURRENCY DEPRECIATES AFTER POLITICAL UNCERTAINTY IN EUROPE
As if Friday's blowout US jobs data wasn't bad enough for the EUR, the weekend's political shenanigans piled on the pressure on the EUR, which opened with a decent gap to the downside. The downward pressure comes in the wake of the humiliating defeat of French President Macron and German Chancellor Scholz by far-right parties in Sunday's European elections. The defeat saw President Macron call for an early legislative scrutiny. Hi ...
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