EUR/USD to edge lower towards 1.08 amid a narrow race between Macron and Le Pen – ING EURUSD France Politics Banks
“Macron and Le Pen increased their vote shares and look set for a relatively tight run-off vote on April 24th. As such, it is too early for the market to relax over this event risk and no surprise that EUR/USD did not hold gains in early Asia.”
“Our base case assumes EUR/USD ends the week near 1.0800. For the time being, expect EUR/USD to trace out a 1.0850-1.0950 range.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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