France's Le Maire: Will do all to ensure far-right national rally party does not get absolute majority
|French Finance Minister Bruno Le Maire said on Monday that “(we) will do all to ensure the far-right National Rally party does not get absolute majority.”
Additional quotes
The first round of parliament election marks a defeat for the presidential majority.
The real risk would be if far right national rally party wins an absolute majority.
Market reaction
The Euro has regained upside traction, as the European traders hit their desks early Monday and reacted positively to the far-right sweep in the first round of the French snap election on Sunday. At the time of writing, EUR/USD is trading 0.55% higher on the day at 1.0770.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.