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ForexLive Asia-Pacific FX news wrap: EUR lower on EU politics

2024-12-30FOREXLIVEFOREXLIVE
Forex news for Asian trading on Monday, 10 June 2024
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The euro took a small hit in the very early hours of Asia trade with news crossing of far-right parties in France and Germany polling very strongly in European Union elections on Sunday. French President Emmanuel Macron called a snap election in response to Marine Le Pen's far-right National Rally gaining seats in the EU parliament. Macron dissolved the national assembly and called legislative elections on June 30 and July 7.

I’ll refer you to this summary from Politico of the election outcome and what’s ahead for the French election, if you'd like more detail:

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