Euro hits 3-week high as Macron holds slim lead in French presidential poll

The euro popped up to a three-week high against the U.S. dollar Thursday, finding support after a poll indicated French centrist presidential candidate Emmanuel Macron was holding to a lead in what’s set to be a tight race on Sunday.

The euro

EURUSD, +0.5415%

 fetched $1.0743, and hit an intraday high of $1.0778, the strongest level since March 28, according to FactSet data. That’s up from $1.0712 late Wednesday in New York.

The shared currency’s strength helped push the ICE U.S. Dollar Index

DXY, -0.30%

a gauge of the dollar’s strength against a basket of six rivals, down 0.1% to 99.617.

The euro advanced after a Harris Interactive poll showed Macron with 25% support among respondents, slightly higher than 22% for far-right National Front candidate Marine Le Pen, who has called for France to ditch the euro and its membership in the European Union.

Macron is running as an independent, but served as economy minister under Socialist President François Hollande.

But overall, polls ahead of Sunday’s election have shown the race between the top four candidates remains extremely close. Far-left, euroskeptic Jean-Luc Melenchon has recently surged in the polls while conservative Francois Fillon’s…

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