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EUR/USD – Price Analysis and Forecast: Diverging Fed and ECB Rate Expectations Support the Pair
Today, Wednesday, EUR/USD is struggling to
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Today, Wednesday, EUR/USD is struggling to capitalize on a moderate rebound from the weekly low set the previous day but is not ready to decline. The pair remains above 1.1660 and is close to the highest level since May 14, reached last week. Traders are awaiting new signals from the Fed regarding interest rates.Given the emerging signs of easing price pressures in the United States and weakness in the labor market, expectations that monetary policy will remain unchanged at the
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Irina Yanina,
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