EUR/USD nudged higher during Thursday’s trading session, trying to maintain its position above 1.0500. This movement follows the anticipated political turmoil in France, where the government led by Michel Barnier has faced a no-confidence vote. The emergence of the Far Right and Left-wing coalition has raised concerns about stability, influencing investor sentiment. Despite this volatility, the dollar remains under pressure, giving the euro some breathing room. Traders should closely monitor this situation as it can have significant implications for both currencies.