Bearish
EUR/USD remains below 1.1500 amid German political uncertainty
In the past 24 hours, EUR/USD has struggled to maintain levels above 1.1500, influenced by political instability in Germany. The recent electoral defeat of Chancellor Friedrich Merz's party has heightened concerns, overshadowing the positive impact of declining oil prices.
Key points
- EUR/USD holds below 1.1500 due to German political instability
- Market awaits speeches from Fed's Goolsbee and ECB's Lagarde
Sources
AI-generated from public news sources. Not financial advice.
