Euro rallies after Macron wins French presidency

Euro rallies after Macron wins French presidencyThe euro briefly rallied to a six-month high against the dollar Monday after pro-European centrist Emmanuel Macron’s victory in the French presidential election eased concerns about the country’s future in the eurozone. The single currency touched $ 1.1023, its highest level since November and up from $ 1.0998 on Friday after the 39-year-old former investment banker beat far-right rival Marine Le Pen. The vote effectively eliminates any risk of France leaving the single currency bloc — a departure advocated by the eurosceptic Le Pen.

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