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  • French election: François Hollande favourite as voters go to the polls

    From guardian.co.uk

    Read Full Story at guardian.co.uk

    Voting has begun in the French presidential election, a ballot which could transform the political colours of France and spark a change in Europe's approach to its debt crisis and austerity measures. All polls for months have shown the Socialist party candidate, François Hollande, beating the rightwing Nicolas Sarkozy, the most unpopular French president ever to run for re-election. The left is hoping for its first Socialist president since François Mitterrand's re-election in 1988, which would be a rare event in a Europe that has swung to the right in recent years and weakened the left. If Sarkozy ... (full story)

    • banana9009
      banana9009's Avatar

      352 posts
    • who will win ? and eur will down to 1.2800 ? 200 pips on Moday ?

    • fins93

      59 posts
    • Quoting banana9009
      who will win ? and eur will down to 1.2800 ? 200 pips on Moday ?
      that is not likely to test 1.28 region. becoz I think market has already adjusted the price assuming large probability of Hollande's victory. A down is expected but not that much.

    • Guest

      IP XX.XXX.246.204
    • Why not UP?

    • Guest

      IP XX.XXX.75.177
    • priced in most i think and a greece exit will probally create bit panic but after it a godd buy of eu i like draghi his tone last time he didnt mentioned any intrest rate cuts or whatever. So pure looking at the macro picture and intrest rate differintials i dont see eu drop to parity or whatever everybody is alking about let's see the economic nrs if they pick up slowly. Also if you look around this site i am not huge fan of forrums everybody is short eu all doom eu there like even special threads for it kinda funny but it makes me believe eu wouldnt go down taht much anymore expecially that teh majority of the retail loses makes me confident that whe close to a bottom in eu.

    • rsg10z

      115 posts
    • I agree. EU will definitely go down but only a bit,prob to 1.30..

    • jonahky7

      4,531 posts
    • If Hollande wins (more likely) - in short term EU should drop but on the longer term, it will push Euro/USD back higher. Y? Becos market is scare of change, although there is unlikely to have any change from Hollande as France has no money to change. THerefore a lot of Hollande talks are empty, but he will cause some panic to the market as coalition with farter Merkel will seems to be "destroyed" but am sure in few weeks time when it's dusted he will stand aside Merkel and opt for austerity measures and not growth cos there is nothing for growth or push growth in France at the moment.

    • rigpa

      550 posts
    • Now, we can see Europe is falling to the hell. Holande won and want to spend huge amount of money. There are troubles in the air..... It seems to be break up of EU...

    • Guest

      IP XX.XXX.243.203
    • What about gold???.... it might go up,right??

    • Manipulator

      282 posts
    • The Euro (as with all risk) was headed down anyway anything else is crap. Look at the charts - the markets are in crash mode and if what i see is anything go by folks are gonna be shocked how deep things will sink regardless of the French election outcome. Just sell on clear bounces all gates south are gonna be broken.

    • Gaaikema
      Gaaikema's Avatar

      372 posts
    • 1.3015 and twenty minutes to go before we can (me, myself and I anyway)

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