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  • Jane Margolis posted an update 12 months ago

    (Bloomberg) — The downside for the euro is limited following the results of the German election, Commonwealth Bank of Australia senior currency strategist Elias Haddad tells Bloomberg Television in Sydney.
    German Chancellor Angela Merkel will probably form a coalition with the FDP and the Greens, according to Haddad
    “What’s important to realize here is that both the FDP and the Greens are pro-Europe parties, so the prospect of greater euro-zone integration is not going to be derailed by such a coalition,” and will be supportive of the European currency