💨 Abstract

On Friday, the euro gained against multiple currencies, including the dollar, due to a fiscal deal in Germany that could boost defense spending and revive growth in Europe's largest economy. The deal, which includes a 500 billion euro fund for infrastructure and changes to borrowing rules, is expected to pass next week. Meanwhile, the U.S. dollar strengthened against the Swiss franc and yen as the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖