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French Risk Pushes EUR/USD to Key 1.1185 Fibonacci Projection—What If It Breaks?
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Monday, October 5, 2026 at 01:25 PM UTC

French Risk Pushes EUR/USD to Key 1.1185 Fibonacci Projection—What If It Breaks?

Currency Pairs:💱 EUR-USD
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What's happening: EUR/USD fell to around 1.1160, its lowest since May 2025, before recovering to 1.12. French fiscal and political risk is the dominant Euro-specific pressure, while Spain's snap election on November 29 has added a headline without comparable market stress.

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French Risk Pushes EUR/USD to Key 1.1185 Fibonacci Projection—What If It Breaks?