EUR/USD ticks down but holds the key support of 1.0500 in European trading hours on Wednesday.
EUR/USD edges lower with investors focusing on political jitters in France as the no-confidence vote against the prime minister looms. ECB Holzmann supports a 25 bps interest rate cut in a policy meeting on December 12. Investors will also focus on US private employment and Services PMI data for November. EUR/USDticks downbut holds the key support of 1.0500 in European trading hours on Wednesday.
“The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is OVER,” Trump wrote in a social media post over the weekend. Daily digest market movers: EUR/USDremains edgy ahead of French no-confidence vote The French no-confidence debate is set to start at 15:00 GMT, and voting should happen around three hours later.
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