Emmanuel Macron defeated far-right leader Marine Le Pen in the French presidential election on a pro-business, pro-European Union platform, bolstering the bloc in the midst of its worst security crisis in decades.
With counting still under way, projections by France’s five main pollsters put Macron on course to win about 58% of the vote in Sunday’s runoff compared with 42% for Le Pen. The euro rose after the nationalist leader conceded defeat in a speech to her supporters in Paris.