German IFO institute cuts 2021 GDP growth forecast to 3.3% from 3.7% previous

German IFO institute cut the country’s 2021 GDP growth forecast to 3.3% from 3.7% previous due to supply bottlenecks, the latest report showed on Wedn
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EUR/USD to suffer further weakness to 1.2080 – Credit Suisse

EUR/USD is seen at risk to a test of its 55-day average at 1.2080 – potentially price/retracement support at 1.2053/51 – but with this ideally holding
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