Euro advances after German debt reform, possible US-Ukraine minerals deal

By X-blogger - on March 5, 2025

The euro rallied against the U.S. dollar, hitting it’s three-month high after Germany’s conservatives and Social Democrats announced proposals to set up a 500 billion euro fund for infrastructure and overhaul borrowing rules aimed at increasing defense spending.

The last session saw the Euro gain 0.9% against the Dollar. The RSI is giving a positive signal.
Support: 1.0389 | Resistance: 1.0755

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