Emmanuel Macron is losing a bit of ground to Marine Le Pen. After the gap grew to 22%, it is back down to 20%. Still huge? maybe. Yet with many people that are yet to decide and complacency, it is not over until the elections actually happen. Five days to go until the second and final round of the French presidential elections.
EUR/USD trades steadily at 1.0917.
Yesterday, we had two conflicting opinion polls. The Opinionway poll showed Macron re-enlarging his lead to 61% from 60% beforehand. Yet later in the day, the IFOP poll portrayed a different picture: 59% for Macron, down from 60%.
Centrist Emmanuel Macron seems to have an insurmountable lead over extremist Marine Le Pen. However, these opinion polls cut out the undecideds. While these polls were amazingly correct in the first round, undecideds may surprise pollsters. In addition, many fear that complacency and general dissatisfaction with politics may keep voters at home.
Earlier we learned that the unemployment rate remained at 9.5% in the euro-zone. Unemployment is one of the key issues in the French elections.Get the 5 most predictable currency pairs