Euro slips on financial markets fears over French and Dutch elections

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The spot market appears to be bracing itself for the possibility that a higher than estimated score for French far-right presidential candidate Marine Le Pen in the first round vote may drive the euro lower despite the low odds of her winning the final round.

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The euro is slipping again, after Wednesday’s modest bounce proved too weak to last. Concerns about European political risks that were recently focused on the second round of France elections are now broadening to include the first round and even next month’s Dutch vote, reports Bloomberg.