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Monday, August 3, 2020

Critical Week for the Euro


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With many traders and investors preparing for holidays, the Euro enters one of its most important weeks since its introduction. The Bundesbank’s President, Jens Weidman, must respond to the German constitutional court ruling that some of the ECB asset purchases were “illegal”. 
The APP or the Asset Purchase Program which started in 2015 is at the core of the Euro’s recent troubles. While the Karlsruhe-based court did not find any violation of monetary financing, it…

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