Ipek Ozkardeskaya, an analyst at Swissquote Bank, said in a report that French political and budget uncertainty is unlikely to have a significant impact on the euro. Despite this, this certainly won't have a positive effect on the euro, the analyst said. Eurozone preliminary inflation data for November will be released soon. The analyst said that better-than-expected data should encourage investors to bet on the euro's further recovery. However, weaker-than-expected data may cause the euro to fall below the psychological barrier of 1.06.

Ipek Ozkardeskaya, an analyst at Swissquote Bank, said in a report that French political and budget uncertainty is unlikely to have a significant impact on the euro. Despite this, this certainly won't have a positive effect on the euro, the analyst said. Eurozone preliminary inflation data for November will be released soon. The analyst said that better-than-expected data should encourage investors to bet on the euro's further recovery. However, weaker-than-expected data may cause the euro to fall below the psychological barrier of 1.06.