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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 24/Feb 08:35

Euro finds support in German elections

The EURJPY cross rebounds to near 157.10, snapping the three-day losing streak during the early European session on Monday. The Euro gathers strength as Germany’s conservatives won its election as expected. Traders brace for further results from the German election for fresh impetus. Preliminary results showed the conservative Christian Democratic Union (CDU), led by chancellor candidate Friedrich Merz, and its allied Christian Social Union (CSU) won the election. The far-right Alternative for Germany (AfD) party came second, scoring between 19 and 20% of the vote, according to exit polls. The attention now is how soon the conservative Christian Democrats could form a coalition

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