Bumababa ang EUR/JPY noong Biyernes dahil sa buong depreciation ng Euro mula sa hindi tiyak na resulta ng mga lehislatibong halalan sa France na naka-iskedyul para sa Hunyo 30 at Hulyo 7. Tinawag ng Pangulo ng France na si Emmanuelle Macron ang mga snap election pagkatapos ng kanyang centrist Renaissance party ay natalo ng pinakakanang National Rally (RN) party sa European parliamentary elections.
Sa kasalukuyang botohan ng Renaissance na humigit-kumulang 19% lamang ng boto, pagkatapos ng serye ng mga hindi sikat na reporma, at RN na may higit sa 30%, may panganib na ang pinakakanang partido, na itinatag ng sikat na right-winger na si Jean-Marie Le Pen ay maaaring manalo ng kapangyarihan , na may potensyal na mga kahihinatnan sa buong Europa.
“Ang dalawang-ikot na proseso ng elektoral ay nagpapahirap sa kumpiyansa na tantyahin ang mga bilang ng upuan, ngunit hinuhulaan ng mga eksperto na halos treble ng RN ang bilang ng mga kinatawan nito, kahit na malamang na kulang sa isang tahasang mayorya, habang ang kabuuan ng Renaissance ay maaaring mahati sa kalahati," sabi ni Jon Henley, Europe Correspondent para sa The Guardian.
"Ang ganitong resulta ay mag-iiwan sa Macron na nahaharap sa tatlong taon ng isang mas bali at pagalit na parlyamento, na kinakailangang putulin ang mahihirap na deal sa mga partido ng oposisyon upang bumuo ng isang gobyerno at magpasa ng mga batas, na humahantong sa halos tiyak na deadlock ng pambatasan," idinagdag ni Henley.
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