Euro flat vs. dollar, loonie falls on U.S. duties

04:43 PM @ Tuesday - 25 April, 2017

The euro Tuesday was flat against the dollar after its rally on the outcome of the first round of the French presidential election.

Theeuro was unchanged at $1.0867 at 02:45 ET as centrist Emmanuel Macron edged anti-euro candidate Marine Le Pen in the French poll.

The dollar index was up 0.08% at 98.99 as the market awaited a broad outline of Trump's tax reform plans.

The dollar was up 0.42% at 1.3559 against the loonie as the U.S. imposed duties on imports of Canadian softwood.

Macron is expected to easily beat Le Pen in next month's run-off in the French election.

The dollar held above 110 yen with eyes still on developments in the Korean peninsula.

The pound was steady at a tad below $1.28 as political snipping began ahead of the general election on June 8. - investing.com -