Germany’s Greens co-leader says the goal is to come to an agreement

The Greens’ co-leader Felix Banaszak is now out saying that they will prepare their own legislative proposal for security and defense. Adding that “the goal is to come to an agreement”. I mean, you wouldn’t expect them to outright cave to Merz’s camp so this could be a case of just going through the motions before finally shaking hands in the end. Or it could be a case of them really holding a hard line on the matter.

For now though, the incoming government and markets themselves are thinking it’s more of the former. EUR/USD is now back up to 1.0855 from around 1.0830 earlier.

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