As Germany faces a potential February 2025 election what can that mean for the Euro?
German Chancellor Olaf Scholz's coalition fractured after firing Finance Minister Christian Lindner, sparking an agreement for early German elections now set for February 23. Scholz will face a confidence vote on December 16, leading to the election if he loses.
Using Seasonax’s event feature shows us the impact of the EURUSD over the 5 German elections. Every one of them has resulted in further EUR downside.