Euro rallies after Emmanuel Macron wins French election
The euro rallied to $1.1010 from $1.0998 in early forex trading in Asia on Monday.
:: The euro rallied to $1.1010 from $1.0998 in early forex trading in Asia on Monday after pro-European centrist Emmanuel Macron won the French presidency, scoring a resounding victory over far-right rival Marine Le Pen.
The 39-year-old’s victory effectively eliminates any risk of France leaving the single currency bloc, although markets had largely priced in Le Pen’s defeat after polls consistently showed Macron well in front.
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