Euro surges, yen dives as French election fears abate

"I am the presidential candidate". Le Pen accounted for 21.3% of first round votes, finishing runner-up to Emmanuel Macron who received 24% of all votes. May Day (May 1), when trade unions traditionally take out marches and protests across France, as well as May 3, when the two candidates will have a televised debate, are expected to be the key dates for the campaigns.

Defeated candidates - conservative Francois Fillon and Socialist Benoit Hamon - did not even wait for Sunday's count to urge their supporters to rally behind Mr Macron.

According to the European Anti-Fraud Office, Ms Le Pen used the money as salaries for two of her aides, who actually worked for her Front National party.

The single currency jumped more than 2% on Sunday evening as it became clear that centre-left candidate Emmanuel Macron had secured a place in the second round of the French presidential election, winning the biggest share of the vote at the same time.

The intervention by her father follows her announcement on Monday that she plans to step back from day-to-day management of the far-right party he founded ahead of the runoff and marks the latest tussle between the two of them over its future direction.




Marine Le Pen says France can either disintegrate without any borders and controls, or can choose to have them.

During his address, Mr Hollande claimed the purchasing power of the French people would be directly hit if Ms Le Pen wins the run-off vote on 7 May - with "unprecedented price increases" in stores and thousands of jobs being lost. "I will be above partisan considerations", she said.

The French CAC 40 stock index also surged more than 4 percent - to its highest level in almost a decade - following polling that showed Macron likely to win by a landslide in his May 7 runoff against Le Pen.

French far-right presidential contender Marine Le Pen has called for more food to be produced and consumed in the country. But for many, its old image still lingers, and that is likely to hinder Le Pen's hopes of gaining the presidency.

The anti-EU Ms Le Pen's campaign majored on jobs, security and the threat from Islamic extremism. Polls suggest that Macron should win the second round comfortably.

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