“French economic activity may return to pre-virus levels in early 2022.”
“French government must spend wisely.”
“Restoring private sector and household confidence is key to the recovery.”
EUR/USD drops towards 1.1750
The EUR/USD pair has come under renewed selling pressure in early Europe, extending the drop below 1.1800, as the greenback attempts a tepid comeback ahead of the US Q2 GDP data.
The shared currency ignores the above comments from ECB’s Villeroy. The spot, currently, trades at 1.1765, down 0.20% on the day.
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