With elections in France and the U.K. underway, there’s some political motion going on in both the heart of the European Union and a departing branch! Whatever the results will be, they are likely to have an impact upon the long-term prospects of both the Euro, the common currency of the European Union, and the British Pound. First up is round one of the French Presidential Election, which is expected to produce a run-off between centrist Emmanuel Macron and far-right Marine Le Pen, with Macron comfortably winning in the second round. There are four candidates polling closely though, so anything could happen. After the French election is concluded, Britain will be going to the polls on 8th June in a surprise, snap general election, in which the Brexit government of Conservative Prime Minister Theresa May is expected to be returned with a strongly increased majority. This would be likely to strengthen the British Government’s negotiating position as seeks to conclude a deal on the exact terms of its departure from the European Union in 2019.