Euro hovers above 1-month low as French election nerves grow
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THE euro edged lower against the dollar on Monday, pressured by nervousness over the upcoming French presidential elections as investors took stock of recent polls showing a tightening race.
The campaign is being closely followed by investors, as one contestant - the far right Marine Le Pen - has threatened to pull France out of the European Union if she wins, fuelling concerns of an unravelling of the bloc after Britain's vote to leave it last year.
