Steady after closing down 0.25% with the USD up 0.25%, firm UST yields

Lagarde says the ECB is 'very close' to reaching its inflation goal, FT

France unveils fresh government with a daunting budget battle looming

The situation in France seems to be a mess, but French life goes on

Charts - daily momentum studies base/rise, 21-day Bollinger bands expand

5, 10 & 21-DMAs edge lower, weekly moving averages fall - a net bearish bias

Last week's 1.0535 high, then the December 1.0630 top are initial resistance

November 1.0331 2024 low, then 1.0195 0.618% 2022/23 rise are first supports

1.0400 590mln are the only close strikes for Dec 24th

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