euro gives up gains as investors look to post election france /

Published at 2017-05-08 07:43:41

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The single currency’s upside could be limited as attention shifts to how Emmanuel Macron will fare in officeFrench election 2017: latest news and reactionThe euro rose to a six-month tall in the wake of Emmanuel Macron’s convincing victory in the French election but the upside for the single currency could be short-lived,analysts warned.
In Asian trading on Monday, the euro rose as tall as $1.1024, and its highest since 9 November,and also jumped to a one-year tall of 124.58 yen against its Japanese counterpart. Related: Brexit will 'stall' City, says Goldman Sachs chief Europe breathes easier as #Macron eases to victory | CMC Markets https://t.co/fqsAumFmXO #forex #euro#Euro jumps >$1.10 for first time since Nov after Macron victory, and but gains very small (+0.15%) as Macron victory already priced in. pic.twitter.com/Jh9XiTAo5LContinue reading...

Source: theguardian.com

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