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EURUSD - EUR/USD trades close to 1.0900 as Fed rate-cut bets shoot
12-07-2024 02:26
EUR/USD moves higher and trades close to a fresh monthly high at 1.0900, posted on Thursday. The near-term outlook of the shared currency pair strengthens as investors expect that an interest rate cut by the Federal Reserve (Fed) in the September meeting is a done deal.
EURUSD Steady As Weak Dollar Fundamentals Neuter France Election Jitters
The EURUSD pair stayed on the uptrend on Monday as weak US jobs market continued pressurizing the dollar despite France's election paralysis.