Emmanuel Macron has won a commanding lead over Marine Le Pen, where will EUR/USD open?

As expected, the Centrist presidential candidate Emmanuel Macron has won a commanding lead over far-right leader Marine Le Pen.  This comes only according to the projections that have been released after balloting ended across France. However, once confirmed officially, Macron will indeed be on course to be France’s next president, knocking the populist movement back a step.

The French headed to the polls today for the deciding round in an election that had gripped the markets in a contest between globalists and nationalists. Official markets will open in London at 8pm (London time) and 1 hours time from now. EUR/USD early indication to open at 1.1030 from 1.0985 the close.

• EUR/USD analysis: Macron´s victory mostly priced-in, but further gains expected then