Fundamental Market Analysis for October 7, 2025 EURUSDEuro/US DollarSAXO:EURUSDFresh-Forexcast2004The euro (EUR) is weakening against the US dollar (USD) after France's new Prime Minister Sébastien Lecornu and his government resigned on Monday, just hours after the cabinet was announced. Sébastien Lecornu resigned just a few weeks after his appointment, making his government the shortest-lived in modern French history. This raises concerns about a new political crisis in France and puts some pressure on the euro. The ongoing US government shutdown may raise concerns about its impact on the country's economy, which could lead to a decline in the dollar and become a favorable factor for the main currency pair. The Federal Reserve (Fed) is expected to cut rates by 25 basis points (bps) at its October meeting amid signs of a weakening labor market. Trade recommendation: SELL 1.1665, SL 1.1745, TP 1.1480