Catching up on some of the revised forecasts after Germany ditched its debt brake, ICYMI:

• Germany will set up €500 billion infrastructure fund and a special defense fund

• German bond yields surge higher after deal to loosen debt brake

Bank of America revised up their forecasts for the euro:

• now see EUR/USD reaching $1.15 by the end of 2025
• and to around $1.20 by the end of 2026

This article was written by Eamonn Sheridan at www.forexlive.com.

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