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EUR/USD Edges Higher Amid Fed-ECB Divergence, Eyes US PCE Data
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EUR/USD Pair Reaches 1.5-Month High
This morning, the EUR/USD rate moved above 1.1680 during early trading — its highest level since mid-October. The main driver behind the rise is traders’ assessment of the diverging policies of central banks. Based on the fundamental outlook ahead of the December meetings:→ The market is almost certain that the Federal Reserve will cut rates in December under pressure from the Trump administration, making the dollar appear less profitable and le…
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