Has the ECB Started Intervening?
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At first glance, it may seem logical that the euro should be falling due to the political crisis in France. However, in my opinion, this is not such an important event. The French government has not been dissolved, and replacing prime ministers or resigning from office is not prohibited. For example, why didn't the market react as strongly to the resignation of Adriana Kugler from the Fed or Erika McEntarfer from the U.S. Bureau of Labor Statistics? In my view,
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