Euro Advances as Macron Emerges Most Convincing in French Debate
- ‘Retreat in political uncertainty’ adding to firmness: Mizuho
- Macron led the debate for 29% of viewers: Elabe pollster
BNP Paribas' Morris Sees Macron Victory in France
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The euro rose, approaching a six-week high, as political concerns in the region were seen as easing after a poll showed anti-euro candidate Marine Le Pen losing ground in the French presidential debate.
The single currency strengthened against all of its 10 major peers after a poll showed independent candidate Emmanuel Macron emerged as the most convincing of the five contenders in the national debate, ahead of Le Pen. A combination of macro offers and option-related selling helped the euro-dollar pair gain as the debate added little to risk, according to an Asia-based currency trader who asked not to be identified because the person isn’t authorized to speak publicly.