Monday, May 8, 2017

Macron won the French Presidential elections, just as the polls predicted. EUR was sold below the 1.10-figure,





Global Markets Daily
by Saktiandi Supaat


FX Research





Macron won the French Presidential elections, just as the polls predicted. EUR was sold below the 1.10-figure, lending a boost to the greenback against the AXJs this morning. USDJPY retreated from the 113-handle (also sold on fact) even as Nikkei futures rise. Risk appetite in early Asian hours so far is decent, aided by the Macron win but investors may be quick to move on. Even Kospi was last seen in mild black, though gains could be capped by its own Presidential elections tomorrow...

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