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French elections poll remains unchanged – Macron still leads

Yesterday’s Opinionway PresiTrack showed Macron at 23%, Le Pen at 22%, Fillon at 20% and Melenchon at 19%. The April 19th poll is 100% identical.

For the euro, the tension remains high, but at least Macron remains the leader and Melenchon is on the bottom. The nightmare scenario for markets is a Le Pen – Melenchon run off.

Things get better in the second round: Macron extends his lead to no less than 30 points against Le Pen: 65% to 35%. This is also a favorable outcome. An initial sigh of  relief will be heard if Macron faces Le Pen. Most French are like to coalesce around Macron the centrist. Le Pen has a limited base.

If Le Pen were to face Fillon in the second round, he would beat her 58% to 42%, unchanged from yesterday’s edition.

Election junkies can expect another daily poll by Paris Match and IFOP at 16:00 GMT. The elections are only four days away.

EUR/USD was trading around 1.0720, quite steadily. Euro-zone inflation figures came as expected, confirming previous data.

More: French elections – all the updates in one place

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.