GBP: The British Pound gained strength against the Euro yesterday due to growing political instability in France. The prospect of a no-confidence vote against the French government, coupled with worries about rising national debt, has created uncertainty within the Eurozone. This situation has made investors turn to the Pound, boosting its value against the Euro as attention shifts to France’s political troubles.

EUR: The Euro experienced a sharp decline against other currencies yesterday, marking its biggest single-day drop since early November. This slump was largely caused by unrest in France, where Prime Minister Michel Barnier’s decision to bypass parliament for the budget triggered significant backlash. With calls for a no-confidence vote looming, the political uncertainty has shaken investor confidence, contributing to the Euro’s decline.

USD: Meanwhile, the U.S. Dollar surged during yesterday’s trading session after President-Elect Donald Trump threatened to impose 100% tariffs on BRICS countries if they attempted to create a global reserve currency to compete with the Dollar. Later today, the Job Openings and Labor Turnover survey could impact the Dollar’s performance, as a weak report might weaken its recent gains.