Elections in France - impact on EUR/USD

Dear Nasril Nizam

After Emmanuel Macron's victory in the French presidential elections, EUR against USD exceeded the level of 1.1. Thus, Macron's victory became a positive event for investors, concerning about the coming to power of the National Front party leader Marine Le Pen, who planned France's exit from the EU and return of the national currency to the franc, which would cause a serious revolution in Europe and sharp decline of EUR rate. Generally, Macron's victory was already forecasted after the first round of elections, held on April 23, and EUR increased by almost 2%. Meanwhile, experts agree that the market took short positions, and no new positive events are expected for the further growth of EUR. Moreover, French parliamentary elections are expected in June, where Le Penn may take revenge. Undoubtedly, these events are so far the most important ones for Europe this year, and in fact they will predetermine exchange rate of EUR/USD in the near future. Therefore, be careful when using these events in your trading operations with a single currency: Trade EUR/USD If you have no real trading account yet, open it now and realize your best trading strategies. The minimum deposit is $1! Open trading account 1 minute to register Enjoy your trading with us! Kind Regards, IFC Markets Corp. The only broker with ∞ instruments to trade Web: www.ifcmarkets.com Telephone: +44 20 7193 1740 Telegram, WhatsApp: +7 963 993 75 10 Email: support@ifcmarkets.com Skype: ifcm_cl_1

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