French President Emmanuel Macron has obtained an absolute majority in the French parliament.
As per Reuters news report - the size of his majority is set to be over 350 seats in the 577 seat lower house. That means Macron can now count on lawmakers to give his government powers to announce reforms without lengthy negotiations in parliament.
FN leader Marine Le Pen won a seat for the first time, but her party performed worse than expected.
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 securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.