Euro rose on Monday as markets focused on the European Central Bank’s tools to fight fragmentation in the currency bloc.
Final results showed Macron’s centrist Ensemble coalition secured the most seats in the National Assembly but fell well short of the absolute majority needed to control parliament, final results showed.
The dollar edged 0.2% lower to 134.715 yen, after hitting 135.44 yen in Asia-Pacific trading hours.
The drift lower in the dollar is being driven mostly by thin trading with U.S. markets observing a public holiday on Monday.
The Australian dollar jumped 0.6% to $0.6980.
Leading cryptocurrency bitcoin remained weaker, however, falling 2% to $20,154, sliding back toward the weekend’s low of $17,592.78, a level not seen since late 2020.
This report’s information was first seen on Reuters; to read more, click this link.
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