EUR/USD Weakens Below Key Support Level Amid French Election Results
Monday, 8 July 2024, 00:20
EUR/USD Weakens Below Key Support Level
The EUR/USD pair is trading on a weaker note near 1.0830 on Monday during the early Asian trading hours.
New Popular Front Leads in French Election
The leftist New Popular Front is ahead in the exit polls, adding pressure on the Euro against the US Dollar.
- Market Sentiment: Cautious amidst political uncertainties
- Impact on Trading: Currency pair's movement affected
- Monitor Election Outcome: Potential market implications
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.