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EUR/USD Rises as Mixed US Data Underwhelms /
npub1nxt…er6y
2024-05-01 04:54:24

EUR/USD Rises as Mixed US Data Underwhelms on Nostr: EUR/USD Continues Decline Ahead of Fed Policy Decision =============== #5acfe72f ...

EUR/USD Continues Decline Ahead of Fed Policy Decision
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#5acfe72f ver:0.32

The EUR/USD pair continues to decline ahead of the Fed's policy decision, with the Euro failing to sustain gains despite strong Eurozone data. The drop is attributed to risk-off sentiment and a strengthening US Dollar. Traders anticipate interest rate cuts from the ECB in June. US data and sentiment surveys are also impacting rate cut expectations. EUR/USD is approaching April's low bids and is down 2% from the last swing high. #EURUSD #Fed #ECB #interestrates...

#newstr #Eur/usd #FedPolicy #RiskoffSentiment #UsDollar #EurozoneData

https://here.news/story/5acfe72f?ver=0.32
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