Enjoy 20% loss protection of up to USD 100* in the first 7 days EUR/USD eased to around 1.1215 in early Asian trading as the euro softened on renewed fiscal and political strain in France. The spread between French and German 10-year government bonds pushed beyond 150 bps, marking its widest level since the Eurozone debt crisis in 2011. France also saw clashes between police and protesters, while ECB President Christine Lagarde said France should address structural issues via domestic fiscal policy. Elsewhere, Spain is heading to a snap general election on 29 November, adding to uncertainty across the bloc. In the US, Federal Reserve Chair Kevin Warsh avoided signalling future rate moves, and pricing implies an 83.
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