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Breaking Posted 1 hour ago

France Finance Minister: ECB Transmission Tool Not Yet On Agenda

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French Finance Minister Lescure signalled no immediate discussion of the ECB's transmission protection instrument, despite widening French-German spreads (10-year at 14-year highs) and mounting sovereign-debt stress. The remark sidesteps market pressure for ECB intervention on the French bond-spread blowout. EUR/USD traders watch for any shift in ECB fragmentation stance as budget tensions persist.
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