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German IFO’s Economist: GDP could drop by 5-20% this year

Following the release of the final German IFO Business Survey, the institute’s Economist said that there could be a GDP drop of between 5-20% this year.

EUR/USD flirting with daily highs post-IFO, around 1.0840

The weekly recovery in the shared currency remains well and sound on Wednesday and is now pushing EUR/USD to the 1.0840/45 band, or daily highs. EUR/U
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Denmark: QE is coming soon – Nordea

Where the Fed, the BoE, Riksbanken etc are cutting rates and doing massive QE, the Danish central bank is hiking rates and doing no QE, analysts at No
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