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France Says a Deal on EU Recovery Plan Can be Reached This Week

France said on Wednesday that they believe an EU deal on the European recovery plan can be reached by the end of this week.

And according to Reuters, France presidency office also said that France could obtain a European subsidy of nearly 40 B euros (45.76 B dollars) to help finance the French recovery plan.

EUR/USD is on the rising trend. Recently, it exceeded the 1.1400 level and looking for highs near the 1.1500 level.

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