View full page at forexfactory.com

 

Is France headed for political stalemate and how bad is this for the euro?

From xm.com

{video} President Macron’s decision to call a snap legislative vote hot on the heels of the European elections came as a complete shock not only in France but also across Europe, not to mention for financial markets. What is widely perceived as an attempt by Macron to reassert his authority in the French parliament after his party lost its majority at the previous election in 2022, the move appears to have backfired. Macron was probably hoping that the mere threat of Marine Le Pen’s National Rally or Rassemblement National (RN) party coming into power after it won the most French seats in the European Parliament ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis