The euro topped $1.10 for the first time since the U. S. elections on Sunday and climbed to a one-year high against the safe-haven…
LONDON, May 7 (Reuters) – The euro topped $1.10 for the first time since the U. S. elections on Sunday and climbed to a one-year high against the safe-haven yen on relief that Emmanuel Macron had beaten the far-right Marine Le Pen to clinch the French presidency.
Early projections showed the market-friendly, pro-EU candidate Macron had been voted in with about 65 percent of the vote, comfortably defeating Le Pen, a nationalist who threatened to take France out of the European Union. (Reporting by Jemima Kelly; Editing by Angus MacSwan)
