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EUR/USD boosted by softer US dollar, retreating US yields

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Forex Market, Market Update

Profiting from the declining value of the US dollar, the EUR/USD pair keeps rising, currently trading at 1.0942. One major factor supporting the strength of the Euro and weakening the dollar is the decline in US Treasury bond yields.The likelihood of a rate cut by the Federal Reserve supports the …

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Tag Archives: Wunsch

EUR/USD boosted by softer US dollar, retreating US yields

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