French election 2017: Euro surges against dollar after Emmanuel Macron’s election as French president

BGMN

The Euro has surged against the dollar since Emmanuel Macron’s victory in the French presidential election.

According to Reuters, the Euro rose to $1.1023 within the first 30 minutes of projections showing the 39-year-old’s victory.

It was the first time the Euro had risen above $1.10 since Donald Trump was elected U.S. president in November last year.

The EU currency closed at 1.099 against the dollar at the end of the trading day on Friday.

 Centrist Macron beat former National Front leader Marine Le Pen with 65.5 per cent of votes to 35 per cent on Sunday.Addressing supporters at the Louvre, in Paris, he said “France won” following the victory.

Standard.co.uk

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