Euro Falls as France’s Juppe Rules out Presidential Bid
The euro fell on Monday after former French prime minister Alain Juppe ruled out standing in the country’s presidential elections, which investors saw as increasing the likelihood of a victory by anti-EU leader Marine Le Pen. A poll on Friday had suggested that if Juppe replaced the scandal-hit Francois Fillon as the centre-right candidate, he would win the election’s first round, with centrist candidate Emmanuel Macron coming second — a scenario that would knock Le Pen out of the race. But with Fillon in contention, polls suggest Le Pen would come either first or second in the first round and would …