Volatility Alert: What to expect for French Election? Full Analysis is available with FXGiants!
Full Analysis through the French Election!
French elections: What’s the difference this time?
FXGiants is delighted to present a detailed report on how the FX market is expected to react heading into and after the elections in France.
What’s the difference this time?
On the 23rd of April, French citizens are called to elect their government leader.
One of the main candidates is Marine Le Pen, who has advocated leaving both the euro and the EU, if she cannot renegotiate some EU rules.
Although she is expected to do well in the first voting round, she is seen losing the second round, according to polls.
Even if she wins, holding a referendum on the euro and/or EU membership is not an easy task.
The biggest market impact is likely to be seen in the euro, European equities, and safe haven assets.
How are financial markets likely to respond?
Anti-European sentiment has risen sharply within many EU nations in the past few years and France is not an exception.
This makes this election particularly important for the future of the European project.
With the surprising results of the Brexit referendum and the US election still fresh in memory, investors are increasingly questioning how this event could impact markets, and whether or not “Frexit” is a realistic scenario.
Get the Full Analysis by the UK licensed Forex Broker, FXGiants, and trade through the French Election!
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