French Elections Preview: EUR/USD buy opportunity? Macron lead is underestimated, three scenarios by forexcrunch France Macron FrenchElections
A victory for far-right candidate Marine Le Pen would crash the euro.A victory for Macron would boost the euro., Russia's invasion of Ukraine and other improbable events that became reality. A low-chance event carries big risks, and markets seem unwilling to take any – but with the French elections, they may have gone too far., the only member with nuclear arms and after German Chancellor Angela Merkel's departure, the old continent's leading pro-integration force.
The vote on April 24 will be the pair's second encounter. Back in 2017, mainstream parties and the public united behind Macron, leading to a 66% victory for the centrist that seemed to come from nowhere. This time, he is no longer the new guy, but rather the one overseeing the handling of covid, war, economy and many other issues – with some managed better than others.Nevertheless, despite the incumbent's woes and Le Pen's moderation, he still leads the polls.
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