Euro higher as caretake French PM says they could have a new Prime Minister in 48 hours

Forex Short News

The euro caught a small bid after comments from France’s caretaker Prime Minister:

  • As of this evening, I consider the mission finished
  • There is a majority that’s against dissolution of parliament (and fresh elections)
  • I told Macron that the prospect of dissolution is becoming more remote

It looks like they’re going to find a way forward. The euro is still down 47 pips on the day but it ticked higher on this.

This article was written by Adam Button at investinglive.com.