The German Minister for the Economy, Peter Altmaier, made a statement in the last hour being optimistic about the national economy.
The economy has left the worst of the coronavirus pandemic behind.
We can achieve GDP growth of up to 4% this year.
Now we have to organize a responsible way to phase out massive state aid.
EUR / USD reaction
The comments, however, did little to give the shared currency a significant boost or impress the bulls. In fact, the EUR / USD extended its steady decline, falling to fresh lows for the day at 1.2182. At time of writing, the pair is trading above 1.2186, losing 0.20% daily.