French President Emmanuel Macron called an election back on Sunday June 9.
Adam on the call:
- Macron's gamble is looking like a disaster as new poll released
Leader of the far-right National Rally Marine Le Pen has offered an olive branch:
- says she won’t seek Macron’s resignation if far right wins snap election
Le Pen has helped steady the euro, with EUR/USD above 1.0700 again.
But, nerves remain. MUFG with the pith warning:
- “Overall, the developments do not change our view that the euro could weaken further ahead of the elections in France”
EUR/USD update since the NFP data back on June 7, just prior to Macron calling the election on the 9th:
