Not a surprising comment given how the SPD was trounced. But I reckon even with the newly formed government coalition, it’s going to be tough to strike a compromise as well. I outlined the situation earlier here.
EUR/USD is now little changed on the day, keeping at 1.0470 – up by just 0.1%. The DAX is holding out hope though, still seen up 0.8% on the day currently after a brief dip in the opening hour.
This article was written by Justin Low at www.forexlive.com.
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