PT Solid Gold Berjangka | Euro Rises after France’s First-Round Vote, Yen Struggles
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Solid Gold Berjangka | The yen fell after Japan’s first-quarter growth rate was revised downward.
The far-right party, the Rally Nationale (RN), led by Marine Le Pen, won the first round of French parliamentary elections.
The euro, which has fallen about 0.8% since President Emmanuel Macron called the election on June 9, rose 0.24% to $1.0747.
The euro’s gains sent the dollar further lower against a basket of U.S. currencies, but the dollar was also shaken by data released on Friday that showed U.S. inflation cooled in May, reinforcing expectations that the Federal Reserve will cut interest rates before the end of the year.
Against the dollar, the pound gained 0.01% to $1.2647 and the Aussie gained 0.04% to $0.6673. The New Zealand dollar gained 0.14% to $0.6099. The dollar index fell 0.02% to 105.70.
Source: Reuters