Le Pen Loses Ground After Televised Debate

Marine Le Pen was labeled soft on her euro exit plans during a television debate performance that failed to win over viewers.

The National Front leader’s opposition to the European Union has been a signature issue in the presidential election. Yet with all candidates granted a hearing in a four-hour discussion, Le Pen repeatedly lost her cool and was confronted by a marginal rival who tried to paint himself as the true anti-euro firebrand. Two snap polls rated her only the fourth-most-convincing candidate, with roughly half the endorsements of front-runner Emmanuel Macron.

“What I see here around this table is 10 out of 11 candidates who approve in principle of the EU and all propose to renegotiate,” said Francois Asselineau, who has the support of 0.5 percent of the electorate, according to pollster Ifop. “I am the only candidate of Frexit, which is to say the exit from the European Union.”

via Bloomberg

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza