French President Francois Hollande will not run for another term in May

Market news

2 December 2016

French President Francois Hollande will not run for another term in May

The current French President Francois Hollande announced his intention not to run for another term. This was seen as an unexpected solution for market participants, which enhances the risk of uncertainty on the European political scene, and the markets in general.

U.S. Jobs Report in focus. EUR/USD up for the week, USD/JPY in distribution phase?

Australian retail sales rose more than expected in October

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