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Currency markets stayed quiet overall, even though French politics briefly unsettled sentiment. French stocks dropped sharply as Prime Minister Francois Bayrou’s government looked increasingly at risk ahead of a September 8 confidence vote on his proposed budget cuts. Euro softened in response, though losses were limited. Bayrou’s chances of survival are slim after three main […]

The post French Politics Weighs on Euro, But Selling Fails to Gain Momentum appeared first on Action Forex.

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