Possible euro crisis originating from France!

6/6-9In the European Parliament elections held here, the French ruling party and center-right alliance led by President Macron suffered a heavy defeat to the far-right party, the National Rally (RN),(the following,RN)and in response, President Macron suddenly announced a dissolution of the National Assembly. French financial markets, fearing that RN could win a majority, have fallen sharply across three sectors—stocks, bonds, and currencies.RNhas the possibility of securing a majority, triggering a triple decline(stocks, bonds, and currencies). This article explains the potential impact on the euro exchange rate going forward.