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Politics looms over the euro - Westpac

In view of Sean Callow, Research Analyst at Westpac, politics looms over the fate of euro and may yet prove supportive.

Key Quotes

“EUR seems set for a sharp move on the Sydney open Monday either way as the first round results of the French presidential election are released. The proportion of undecided voters is unusually high, but there are risks of a surprise as tilting towards the more market-friendly Macron and Fillon, rather than the extreme right (Le Pen) or extreme left (Melenchon).”

Author

Sandeep Kanihama

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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