GERMAN POLITICS FAIL TO INSPIRE EUR/USD BREAKOUT FOR NOW

GERMAN POLITICS FAIL TO INSPIRE EUR/USD BREAKOUT FOR NOW
EUR/USD failed to break the 1.0500 mark despite strong attempts.
The pair's gains fizzled out by the time European trading began.
CDU/CSU alliance confirmed plans to form a centrist coalition with SPD, despite SPD's weak election performance.
Both parties last governed together from 2018 to 2021.