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The presidential election in France this weekend is a risk event for the EUR

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Macron holds a handy lead in the polls ahead of Le Pen. Macron is around 55%+.

But, yeah… the polls can be wrong. A Macron victory will be a tailwind for the EUR from a Le Pen victory. Le Pen is, at heart, a Frexiteer, or at best an anti-EU.

Early Monday morning, and its ultra-thin liquidity trading, should see some movement for the Euro regardless. Higher if Macron wins. Significantly lower (cratering territory, I think) if Le Pen pulls a hat-trick victory.

cnbctv18-forexlive-benzinga

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