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The euro fell 0.3% in the early hours of Asian trading on Sunday after France’s New Popular Front party emerged victorious in the country’s legislative elections. According to an Ipsos poll, the far-left NFP won between 177 and 192 seats in the National Assembly, out of a total of 577. Incumbent President Macron’s party, meanwhile, is set to take 152 to 158 seats. The result marks a humiliating defeat for the Ensemble group, and one which has sparked the resignation of Prime Minister Gabriel Attal. While markets had recently rallied on the belief that the right-wing National Rally was not set …

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