provided a glimmer of hope for a turnaround in the German economy. But after an early boost, it looks like traders are still reserving some caution. There's still a lot that needs to be done for the coalition to work. So, I guess therein lies the risk of the possibility of going back to the drawing board.
It's still early in the day and there is much to digest from the post-election flows. But if anything else, another failed break of 1.0500 is a not a good look for EUR/USD buyers.
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