Gate.io: The impact of political risks on the euro may be limited by the prospects of interest rate cuts in other regions.

June 17th, Jinshi data, Dutch international economists said in a report that the euro may be in a narrow range of shocks as the political risks in France are offset by the pressure on the dollar and pound from the prospect of rate cuts in the United States and the United Kingdom. The risk of Le Pen’s right-wing party coming to power has raised concerns about French debt, leading investors to reduce their euro exposure before the June 30 and July 7 elections. However, economists say that any decline in the euro may be limited, as slowing inflation makes it more likely that the United States will cut interest rates in 2024, while the possibility of a rate cut in August is increasing in the United Kingdom.