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French Election: Landslide Macron victory prompts muted initial reaction from euro

May 7, 2017 5:55 PM
The widely-expected outcome of the French presidential election came to be on Sunday evening, as pro-euro centrist Emmanuel Macron was projected to become the new President-elect of France. Macron easily defeated his rival, anti-euro candidate Marine Le Pen, by a substantial margin, prompting some to declare that the election outcome was a clear vot...

French Election 2nd Round: Would a Macron win extend the euro rally?

May 5, 2017 1:40 PM
The time has come once again for markets to speculate on who will ultimately become the next president of France, as the second round of the French presidential election is set for this Sunday. But this time, unlike the first round of the election two weeks ago, the deep market concerns that anti-euro candidate Marine Le Pen might have a good chance...

GBP/JPY continues sharp breakout surge

April 27, 2017 4:08 PM
GBP/JPY continued to surge on Thursday to hit its highest level since early-February, extending the sharp breakout move that has been in place for more than a week. This breakout was initiated last week on April 18th, after UK Prime Minister Theresa May called for a snap election to be held in June.