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European Currencies Strengthen After Corrective Pullback
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European Currencies Strengthen After Corrective Pullback
The EUR/USD and GBP/USD currency pairs are showing moderate gains following a recent correction, supported by fundamental factors weakening the US dollar. Trade uncertainty, a rising national debt, and declining confidence in US exceptionalism have led to a fall in US asset values and a rise in the euro and pound.In the upcoming trading sessions, investor focus will shift to the release of key macroeconomic data from the eurozone and the UK, inc…
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