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EURUSD Tests Highest Level Since 2021 but Stalls Near Swing Resistance

Summary by forexlive.com
Up and down price action today in the EURUSD

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The euro climbs to a multi-annual high, because the US Federal Reserve could lower the key interest rate earlier than previously expected. Corresponding speculation puts the dollar under pressure - from which Europe's currency benefits.

The Euro is on track to strengthen against the dollar and reach levels four years ago. The Israel-Iran ceasefire and the Fed's cautious interest rate policies are supporting the Euro's rally. Experts predict that the $1.20 target is close. Here are the details of the Euro's rise and its implications for Türkiye...

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currencynews.co.uk broke the news in on Tuesday, June 24, 2025.
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