Euro jump after results of the first round of French elections

The euro rose sharply against the dollar and the yen on Monday in early Asian bourses after the results of the French presidential election showed that candidate Emmanuel would face far-right candidate Marin Le Pen in the second round.

At 2160 GMT, the euro was trading in Tokyo at $ 1,0880, compared to $ 1.0726 Friday at 2100 GMT. It was up to $ 1,0933 earlier. Against the Japanese currency, the euro was trading at 120.02 yen, down from 117.07 yen on the New York Mercantile Exchange, and earlier also reached 120.88 yen