Germany’s CDU, SPD have agreed on a solution with Greens on financial package – report

But it isn’t clear whether this is a final breakthrough or just merely an agreement to move forward on discussions though, according to Olk. Markets are not waiting around though. EUR/USD has surged up to above 1.0900 while the DAX is now up 1.6% on the day.

This article was written by Justin Low at www.forexlive.com.