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French President Macron says the bloc should not be lulled into a false sense of security that tensions with the US over Greenland, technology and trade are over

Macron's warning reflects ongoing uncertainties in transatlantic relations, suggesting that tensions over trade and technology may persist.

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French President Macron says the bloc should not be lulled into a false sense of security that tensions with the US over Greenland, technology and trade are over

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Says:

  • Reiterated calls for the EU to raise common debt to raise in AI and quantum computing, energy transition and defence.
Context

This could exacerbate volatility in the EUR/USD exchange rate and other currency pairs amid a backdrop of European efforts to enhance strategic autonomy through increased common debt for investing in critical sectors. Traders should watch for potential market reactions in both the forex space and European equities as these geopolitical concerns unfold.

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