EUR/USD Weakens As French Election Uncertainty, Fed’s Hawkish Narrative Weigh
June 14, 2024 at 07:48 AM EDT
EUR/USD declines to 1.0700 as the Euro weakens amid uncertainty over the French elections. ECB policymakers see a bumpy inflation path towards the 2% target. Fed’s maintenance of a hawkish outlook offsets the impact of soft US inflation data.
