France's Marine Le Pen back in the presidential race as fiscal challenges loom large
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https://think.ing.com/articles/frances-marine-le-pen-back-in-the-presidential-race-as-fiscal-challenges-loom-large/
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4 itemsFrance’s Marine Le Pen back in the presidential race as fiscal challenges loom large
The return of Marine Le Pen to the presidential race ahead of the 2027 election has injected significant uncertainty into France's political landscape, which could weigh on the euro. Per the full note from ing-think, her eligibility comes at a time when France is facing escalated fiscal challenges, potentially exacerbating tensions within the European Union. This situation arrives as market participants are navigating a consensus target for the EUR/USD to reach 1.20 by December 2026, with estimates showing a range from 1.12 to 1.26. With no immediate high-impact events on the calendar, traders should brace for volatility stemming from Le Pen's decision regarding her candidacy and its implications on fiscal policy.