Euro: French spread widening threatens EUR/USD range – ING

Euro: French spread widening threatens EUR/USD range – ING

Source: EODHD - https://www.fxstreet.com/news/euro-french-spread-widening-threatens-eur-usd-range-ing-202610010853
Published: Oct 01, 2026 4:53 AM

ING’s Chris Turner flags that EUR/USD has been driven to yearly lows mainly by a hawkish reassessment of Federal Reserve policy, but warns French OAT‑Bund spread widening is an emerging concern.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.