US$, euro up against safe-haven yen, Swiss franc

London

CURRENCY markets swung back to bets on improving growth and tighter monetary policy on Tuesday, lifting the US dollar and euro against traditional safe havens for capital including the yen and the Swiss franc.

Emmanuel Macron's election as French president on Sunday turned attention away from the political concerns on both sides of the Atlantic that have dominated currency markets this year, and US and European yields were broadly higher in morning trade.