The EUR/USD currency pair experienced a pullback, trading at 1.1710 amid concerns surrounding France's fiscal situation. The downturn followed the announcement by French Prime Minister Lecornu, confirming that Parliament will not approve the year-end budget on time, necessitating a special rollover law to manage the funding gap.
This development has implications for the euro exchange rate, as traders reassess potential impacts on the French economy and the broader Eurozone. The uncertainty surrounding fiscal stability in France, coupled with the strength of the USD, could lead to further volatility in the EUR/USD pair as market participants adjust their positions in response to evolving economic signals.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-19 12:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.