Euro stable
Hot now
SINGAPORE: The euro held steady below a three-week high against the dollar on Friday, as investors awaited this weekend´s first round of voting in France´s presidential election.
The euro was flat at $1.0718, after having risen to as high as $1.0778 on Thursday, its strongest since late March.
Security concerns have taken centre stage in the run up to Sunday´s vote.
A French policeman was shot dead and two others were wounded in central Paris on Thursday night in an attack claimed by the Islamic State militant group.
Polls have forecast that the most likely outcome of Sunday´s first round of voting is centrist Emmanuel Macron and far-right candidate Marine Le Pen -- who wants to take France out of the European Union -- facing off in the May 7 second round.
Should Macron rank first or second in Sunday´s election, he is seen easily winning the runoff vote on May 7. Masafumi Yamamoto, chief currency strategist for Mizuho Securities in Tokyo expected limited action in the euro ahead of the vote, with traders largely just adjusting positions.
The size of the vote for Le Pen could be key to the euro´s performance when markets reopen after the vote.
-
Record Set Straight On King Charles’ Reason For Financially Supporting Andrew And Not Harry -
Michael Douglas Breaks Silence On Jack Nicholson's Constant Teasing -
How Prince Edward Was ‘bullied’ By Brother Andrew Mountbatten Windsor -
'Kryptonite' Singer Brad Arnold Loses Battle With Cancer -
Gabourey Sidibe Gets Candid About Balancing Motherhood And Career -
Katherine Schwarzenegger Shares Sweet Detail From Early Romance Days With Chris Pratt -
Jennifer Hudson Gets Candid About Kelly Clarkson Calling It Day From Her Show -
Princess Diana, Sarah Ferguson Intense Rivalry Laid Bare -
Shamed Andrew Was With Jeffrey Epstein Night Of Virginia Giuffre Assault -
Shamed Andrew’s Finances Predicted As King ‘will Not Leave Him Alone’ -
Expert Reveals Sarah Ferguson’s Tendencies After Reckless Behavior Over Eugenie ‘comes Home To Roost’ -
Bad Bunny Faces Major Rumour About Personal Life Ahead Of Super Bowl Performance -
Sarah Ferguson’s Links To Jeffrey Epstein Get More Entangled As Expert Talks Of A Testimony Call -
France Opens Probe Against Former Minister Lang After Epstein File Dump -
Last Part Of Lil Jon Statement On Son's Death Melts Hearts, Police Suggest Mental Health Issues -
Leonardo DiCaprio's Girlfriend Vittoria Ceretti Given 'greatest Honor Of Her Life'