EUR/USD bears rest at an area of consolidation, eyes on French elections and Ukraine By ross_burland EURUSD France Politics Ukraine ECB
A big in French politics and the Ukraine crisis is ongoing. fell to the lowest levels since May 2020 after the European Central Bank kept its policy stance broadly unchanged, sticking to plans to slowly unwind stimulus.
Firstly, the presidential hopefuls Macron and Le Pen face off in a televised debate ahead of Sunday's second-round vote. ''Both are desperate to attract left-wing voters and are likely to pivot sharply in that direction through the week. Macron will aim to convince centre-left voters to show up, Le Pen will target the populist left and those affected most by the cost-of-living crisis,'' analysts at TD Securities said.
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