French FinMin Le Maire: Keeping 5% economic growth forecast for 2021

French Finance Minister Bruno Le Maire said that he is keeping his 5% economic growth forecast for this year, in light of a resurgence of the COVID-19 pandemic, in an interview with CNews TV on Tuesday.

Key quotes

"I maintain the 5% growth forecast.”

“Do not want to increase it due to Delta covid variant risk.”

Market reaction

EUR/USD has bounced off 1.1907 lows but remains vulnerable amid rising covid concerns and the Fed-ECB monetary policy divergence.

The spot currently trades at 1.1916, down 0.05% on the day.