Day: May 8, 2017

Euro Backs Off After Opening Sharply Higher

The euro has backed off from its daily highs by now but only after opening sharply higher following the landslide victory of centrist Emmanuel Macron in the second round of the French Presidential election. Markets-favored Macron won with about two thirds of the votes, the result that was in line with opinion polls ahead of the voting. Yet many people were feeling that polls should not be trusted after […]