• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

27 August 2025 10:59  |

EUR/USD ticks down to near 1.1630 amid French political uncertainty

The EUR/USD pair edges lower to near 1.1630 during the Asian trading session on Wednesday. The major currency pair faces a slight selling pressure as political uncertainty in France has weighed on the Euro (EUR).

The existence of Prime Minister (PM) François Bayrou's minority government has come under threat as all three opposition parties of France have expressed that they won’t back a confidence vote over his €44 billion budget package on September 8.

Political uncertainty in France led to a meltdown in French assets on Tuesday. CAC 40 ended 1.7% down in Tuesday’s trade.

Source: FXstreet

Related News

EUR/USD

EUR/USD Braces For ECB Rate Decision

EUR/USD surged on Wednesday, rising 1.75% to touch the 1.0800 level as risk sentiment improved following US President Donald ...

6 March 2025 07:19
EUR/USD

EUR/USD Continues to Consolidate Amid Market Weakness

EUR/USD traded in a narrow range around 1.0400 during the European session on Friday (12/27) amid thin trading as market part...

27 December 2024 16:31
EUR/USD

EUR/USD Continues To Rise As Weak US Inflation Data Weakens...

EUR/USD moved higher near 1.1250 during European trading hours on Wednesday (05/14), extending Tuesday’s gains. The major c...

14 May 2025 17:10
EUR/USD

EUR/USD Down Amid Concerns Over Potential EU-US Trade War

EUR/USD corrected near 1.0860 during European trading hours on Thursday (3/13). The major currency pair fell as the Euro (EUR...

13 March 2025 19:10
BIAS23.com NM23 Ai