Euro set to shine as dollar wobbles – LCG

Evaporation of pressing political risks in wake of French election opens the way for the euro to head towards $1.15

European markets
Post-election euphoria: the euro is trading at year highs against the yen and at levels against the dollar not seen since the US election

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The euro is set to continue its upward trajectory in the absence of pressing political risks and force the European Central Bank (ECB) to address inflation, says Jasper Lawler, a senior market analyst at FX broker London Capital Group, which topped FX Week’s three-month forecast table last week.   

Following the election of Emmanuel Macron to the French Presidency, EUR/USD managed to break out of its five-year trading range of between 1.05 and 1.09, opening the

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