Reported about 24 hours ago
As German elections approach, euro traders exhibit unusual calm, with many options favoring gains despite risks that the leading CDU/CSU alliance could struggle to form a coalition. This complacency could lead to instability, pushing the euro toward parity with the dollar should negotiations fail or the far-right AfD gains significant support. Analysts warn that the market is underestimating the risks associated with coalition talks, which could disrupt budget reforms and impact economic recovery.
Source: YAHOO