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Forex: German government getting ready for deficit spending in case of recession

Forex: German government getting ready  for deficit spending in case of recession


Der Spiegel magazine in its weekly news reports that German government is getting prepared for deficit spending in case of a recession.

Recall that last week, there were reports that Germany was considering fiscal spending to finance a climate plan.  Now, getting this report about fiscal stimulus.
The EURUSD moved up on the news.

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