BREAKING: France Prime Minister resigns. EURUSD and FRA40 drop

Key takeaways

Political Uncertainty Sends Euro and French Assets Lower

EUR/USD

Forex

FRA40

Indices

Key takeaways

Political Uncertainty Sends Euro and French Assets Lower

The news that Prime Minister Lecornu has resigned from his post has just emerged, marking yet another high-profile departure in recent weeks. President Macron had given Sébastien Lecornu until Sunday evening to form a new government, with an announcement of the new cabinet ministers expected today.In immediate reaction to the resignation, the euro is weakening, the FRA 40 index has fallen, and we are observing a sharp rise in bond yields. Crucially, the spread between the 10-year German and French bond yields is widening to its highest level since January of last year. This spread, a key gauge of political and fiscal risk in the Eurozone, reflects heightened market anxiety.

The escalating yield spread between France and Germany's 10-year debt highlights growing market concern. Source: Bloomberg Finance LP

The EUR/USD pair has experienced a sharp decline, now trading near the 1.1660 level, its lowest point since September 26th. The resignation of France's newly appointed Prime Minister injects significant uncertainty into the political landscape, potentially pointing toward the necessity of a snap election.

Meanwhile, the FRA 40 is down nearly 2% today, and this negative sentiment is cascading across other major European equity indices.

6 October 2025, 1:03 PM

AMD rises on the wave of the OpenAI deal. Pre-market trading shows a 25% increase in shares.

6 October 2025, 11:53 AM

Paralysis in France: New Chapter of Political Turmoil

6 October 2025, 10:42 AM

Chart of the day: OIL.WTI (06.10.2025)

6 October 2025, 10:00 AM

BREAKING: EU Retail Sales In Line with Expectations

forex
indices
economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

BREAKING: France Prime Minister resigns. EURUSD and FRA40 drop

Join over 1 700 000 XTB Group Clients from around the world