At 17:00 local time, turnout in the French elections is 65.3%. This is 4% under the turnout seen in the first round which was 69.42. Back in 2012, the second round turnout yielded nearly 72% turnout. There are still three more hours until all voting closes. So, this significant drop in turnout is worrying for markets. The risk is totally asymmetric. A Macron victory is mostly priced in and would allow the euro to advance, but just a bit. A Le Pen victory would break the euro down, perhaps below parity with the US dollar. President Macron – exit polls show landslide 65% – EUR/USD set to rise Update: Belgian TV reports a big lead for Macron: 62-67% Centrist Emmanuel Macron needs a high turnout in the second round of the French elections. In order to secure his win, he needs people that voted for other candidates to coalesce around him. Extremist Marine Le Pen needs a low turnout as it is harder for her to garner support from outside of her base. On the other hand, Macron has a significant lead in the opinion polls. These were steady around 60% for Macron and 40% for Le Pen. The last poll on Friday showed a gap of 26% at the IFOP poll. French elections – all the updates in one place Here is how the EUR/USD was trading since the beginning of the year. The trend to the upside is clear. 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. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Report: Macron leads with 62% to 65% according to Yohay Elam 5 years At 17:00 local time, turnout in the French elections is 65.3%. This is 4% under the turnout seen in the first round which was 69.42. Back in 2012, the second round turnout yielded nearly 72% turnout. There are still three more hours until all voting closes. So, this significant drop in turnout is worrying for markets. The risk is totally asymmetric. A Macron victory is mostly priced in and would allow the euro to advance, but just a bit. A Le Pen victory would break the euro down, perhaps below parity with the US dollar. President Macron - exit polls… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
