Published: 2026-10-05T06:39:22.000Z
EUR/USD, USD/JPY flows -
5
The EUR has stabilised in early European trading, but the tone still remains negative.
The substantive widening of the French-Germany government bond spreads has caused jitters around France and the Euro. This is not ease to fix with major fiscal consolidation unable to pass in the National Assembly for the minority government and global investors having close to Eur1trn of French government bonds. While last week EUR/USD was in focus, we suspect that EUR/JPY will lead the way this week. The U.S. employment report has tempered the USD rise and U.S. Treasury yields could move lower. Our technical analysts are looking for a move to 176.00 multi day.
