Tuesday, May 23, 2017

The start of the week was rather quiet until Merkel said that Germany’s trade surplus was partly due to a “w





Global Markets Daily
by Saktiandi Supaat


FX Research





The start of the week was rather quiet until Merkel said that Germany’s trade surplus was partly due to a “weak euro”. Bear in mind, she was telling a group of high school students that boosting domestic consumption was the best way to address imbalances with other countries. Merkel hardly comments publicly about the EUR and while her latest words lifted the currency, the mention of it in basic academic discussion may not mean that she desires the EUR to be stronger ...

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