Euro Gets Squeezed as Oil Climbs and French Bonds Wobble

The EUR/USD forecast hinges on three pressures weighing on the euro, rising oil prices, a wider French-German bond spread and weak German data. StoneX Media Market Analyst Fawad Razaqzada explains how energy costs and French fiscal concerns are shaping the euro against the U.S. dollar. Higher oil prices weigh on currencies of energy-importing economies such as the eurozone and keep U.S. Treasury yields elevated, supporting the U.S. dollar. The French-German bond spread sits at multi-year highs on doubts over French fiscal consolidation, and the eurozone flash PMIs are the next test for EUR/USD. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fawad_razaqzada&utm_content=share 00:00 - Euro Squeezed From Every Side 00:50 - Oil Climb Holds Back the Euro 01:05 - Dollar Gets an Energy Floor 01:25 - French Spread Hits New Highs 02:19 - Flash PMIs Put Euro on Trial 02:48 - Euro Pause, Not a Reversal Like and subscribe for more financial market insights. #StoneX #FawadRazaqzada #EURUSD #Forex --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social