Market Signal:BULLISH (medium Impact)
Euro: Political risks keep EUR under pressure against US Dollar – MUFG
October 06, 2026
•09:41 UTC
•Target Assets:#USD_PKR
Executive AI Takeaway
Euro: Political risks keep EUR under pressure against US Dollar – MUFG — Market signal: BULLISH (medium Impact)
MUFG’s Lee Hardman highlights that the Euro remains under selling pressure, with EUR/USD testing support at 1.1200 as Spanish Prime Minister Pedro Sanchez calls an early election for November 29. Opinion polls point to gains for the People’s Party, potentially in coalition with VoX.
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