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Germany to expand coronavirus relief programmes to help mid-sized companies – Reuters

The German government is planning to expand its coronavirus relief programmes to help mid-sized companies, Reuters reported on Tuesday, citing sources with direct knowledge of the matter.

The German coronavirus fund has been drawing wide interest from companies, sources further noted, as per Reuters.

Market reaction

The shared currency's reaction to these comments was muted. As of writing, the EUR/USD pair was trading at 1.0970, erasing 0.68% on a daily basis and the EUR/GBP pair was down 0.48% at 0.8853.

GBP/USD recovers early lost ground, back near session tops around 1.2400 mark

The GBP/USD pair finally broke out of its European session consolidation phase and moved back to the top end of its daily trading range, around the 1.
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EUR/USD: Additional declines on a break below 1.0925

EUR/USD is at risk of resuming its slide on a break below 1.0925. Valeria Bednarik, a Chief Analyst at FXStreet, takes a look at the currency pair tec
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