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Back Fundamental analysis
The Euro Fires a Bazooka
The last time Germany armed itself
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The last time Germany armed itself was in the 1930s, it led to World War II. Today, German militarization is welcomed. According to Bloomberg estimates, fiscal stimulus packages worth around $1 trillion will add one percentage point to GDP in the near term, bringing it to 2% by 2024. This will push bond yields higher, and the narrowing spread with U.S. Treasuries will create a strong foundation for a long-term uptrend in EUR/USD. Is it time to jump on the
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Marek Petkovich,
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