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EUR/USD clearly sells the fact, but this may be temporary

A big sigh of relief was heard in European capitals and throughout markets after Macron was elected president. But while French stocks extend their gains, the euro extends the move, but to the downside. The euro is sliding against the dollar with EUR/USD trading at 1.0935. The low was 1.0930 so far. And this phenomenon is not […]

The post EUR/USD clearly sells the fact, but this may be temporary appeared first on Forex Crunch.

EUR/USD – selling the fact? Two opinions

Emmanuel Macron was elected President and received two-thirds of the vote. This was mostly priced in. Will we now see a selloff of the euro? Here is their view, courtesy of eFXnews: Macron Wins: EUR/USD: ‘Buy The Rumor, Sell The Fact’ – Barclays Barclays Capital FX Strategy Research argues that the victory of Emmanuel Macron carries the […]

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EUR/USD reaches 1.1020 on Macron’s victory

EUR/USD grinds above 1.10 in the wake of the trading week, amid very thin trading volume. The victory of Emmanuel Macron was mostly priced in. 1.1020 is the high so far, in a relatively muted response. Real votes are being counted in France but the result is clear: Macron won by a landslide. Exit polls showed 65% and […]

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President Macron – exit polls show landslide 65% – EUR/USD set to rise

As foreseen by the opinion polls, Emmanuel Macron is the next French president. The exit polls show a very wide gap and they were very accurate in the first round when the vote was more complicated. Exit polls show 65.1% for Macron and only 34.9% for Le Pen. The turnout is estimated at around 74%, lower than […]

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Report: Macron leads with 62% to 67% according to initial exit poll data

According to the Belgian television station RTBF, centrist Macron is set to sweep into the presidency by a wide margin of 62-67% for him against 33-38% for Le Pen. The station has seen results of four opinion polls and surveys leaked to the station. The publication of such figures is forbidden in France before voting ends at […]

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