French CAC40 (FRA40) Rally Gathers Pace, Not Cleared Until >4730

7 Eki 2015

With the Euro continuing to weaken to start October (versus the other seven major currencies covered by DailyFX Research, the Euro has fallen by an average of -0.67%), improving French economic conditions, and evidence that the Fed will keep rates lower for longer (with perhaps the European Central Bank getting ready to ease next), the path has been cleared for an early-October rally by the French CAC40.