Are You Trading the French Presidential Election?
This article is originally referred from FXPro News.
Trade the French Presidential Election with FxPro!
The first round of the French Presidential Election will take place this Sunday, April 23, 2017. Should none of the 11 candidates secure a majority, a second round will take place on Sunday, May 7, 2017.
The election is expected to have a significant impact on the financial markets.
As a client of FxPro, you can use a range of trading tools to monitor the markets and trade at a moment’s notice.
FXPro’s Analyst’s View
“The National Front leader, Marine Le Pen, has largely remained the focus of the election, with a high probability to become the next President of the French Republic. Given Le Pen’s far right-wing policies, a victory for her would likely result in a lower Euro and a crash in European stock markets. Conversely, should either the independent centrist Emmanuel Macron or François Fillion overtake Le Pen, the Euro and the European stocks will likely rally as market concerns over the collapse of the EU would be relieved.”
by Devata Tseng FxPro Technical Analyst
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Original Source: FXPro News