Quoting a government source…
- Germany does not exclude further ECB rate hikes
- Net new borrowing should fall below EUR 40 bln this year
EUR/USD is quite volatile, trading as low as 1.4457 (50% retracement of 1.4156/1.4940 rally) and as high as 1.4537.
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German budget deficit to fall below 2.5% this year: Reuters
German budget deficit to fall below 2.5% this year: Reuters
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