In an interview with the radio France Inter on Thursday, the country’s Minister of Finance, Bruno the Mayor, was optimistic about the economy, reaffirming the 5% growth target for this year.
Other comments
“The economic indicators are very well oriented.”
“Economic activity is resuming very quickly.”
“The crisis is behind us, but we must remain cautious.”
“He suggests delaying the summer sales for a week, until June 30.”
Market reaction
Despite the upbeat comments, EUR / USD maintains its range below 1.2200, after failing in his attempts to regain that level previously.
The US dollar is getting a fresh offer ahead of the European open as the Fed’s tightening talks continue to push the market.
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