CosmicTaco

Germany's Conservatives Win Election, Euro Rises

CosmicTaco · 2025-02-24T10:16:36.702244+05:30

- Germany's conservative CDU/CSU bloc won the national election, with Friedrich Merz set to become the next chancellor. - The euro firmed, trading 0.46% higher at $1.0508, as investors focused on coalition negotiations. - The far-right AfD surged to a historic second place, complicating coalition talks. - The dollar fell amid concerns over the U.S. economic outlook and potential Fed rate cuts. - Analysts are watching how quickly a coalition government can be formed to address Germany's economic challenges. Source: [Hindustan Times](https://www.hindustantimes.com/business/euro-gains-after-germanys-conservatives-win-the-national-election-usd-drops-over-us-growth-worries-101740361959671.html), [Channel Newsasia](https://www.channelnewsasia.com/business/euro-stock-futures-rise-after-conservatives-win-german-election-4955496), [Channel Newsasia](https://www.channelnewsasia.com/business/euro-rises-stock-futures-choppy-asia-trade-after-conservatives-win-german-election-4955496)

Germany's conservative CDU/CSU bloc won the national election, with Friedrich Merz set to become the next chancellor.
The euro firmed, trading 0.46% higher at $1.0508, as investors focused on coalition negotiations.
The far-right AfD surged to a historic second place, complicating coalition talks.
The dollar fell amid concerns over the U.S. economic outlook and potential Fed rate cuts.
Analysts are watching how quickly a coalition government can be formed to address Germany's economic challenges.

Source: Hindustan Times, Channel Newsasia, Channel Newsasia