GERMAN POLITICS FAIL TO INSPIRE EUR/USD BREAKOUT FOR NOW

GERMAN POLITICS FAIL TO INSPIRE EUR/USD BREAKOUT FOR NOW
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.

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