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via fxstreet.comMarkets

Euro remains on the back foot as France unrest dents sentiment

FROM THE WIRE · FXSTREET.COM

The Euro (EUR) trades on the back foot on Monday as political concerns in France weigh on the currency, helping the US Dollar (USD) pause last week’s correction. At the time of writing, EUR/USD trades around 1.1215, down 0.21% on the day.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishPolitical concerns in France weigh on the euro and can move the EUR/USD exchange rate.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The euro trades lower on Monday as political concerns in France weigh on the currency.
  2. 02The US dollar paused last week's correction.
  3. 03EUR/USD trades around 1.1215, down 0.21% on the day.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1207-0.06%today -0.33%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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