Macron Victory Leads To "Risk Macr-Off" In Europe, Poor China Trade Data Doesn't Help
May 08, 2017 at 08:16 AM EDT
After climbing for five of the past six days in the buildup to the election of Emmanuel Macron, overnight the euro succumbed to "selling the news" and after climbing above the "psychological" 1.1 level after Macron’s victory investors booked profits.