May 7, 2017 / 7:25 PM / 3 months ago

Euro hits 1-year high vs yen, tops $1.10 on French election relief

LONDON, May 7 (Reuters) - The euro topped $1.10 for the first time since the U.S. elections on Sunday and climbed to a one-year high against the safe-haven yen on relief that Emmanuel Macron had beaten the far-right Marine Le Pen to clinch the French presidency.

Early projections showed the market-friendly, pro-EU candidate Macron had been voted in with about 65 percent of the vote, comfortably defeating Le Pen, a nationalist who threatened to take France out of the European Union. (Reporting by Jemima Kelly; Editing by Angus MacSwan)

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