EUR/USD drops to 1-month low, EUR/GBP 22-month low and EUR/JPY dips on European election shift to the right – IG

The Euro has taken a hit in the foreign exchange market, with the EUR/USD pair dropping to a 1-month low. Additionally, the EUR/GBP pair has reached a 22-month low, while the EUR/JPY pair has dipped as well. These movements come as European election results show a shift towards right-wing parties gaining more power. Investors are closely monitoring these developments as they assess the impact on the Euro’s value in the coming days.