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EUR/USD – Smart Money Analysis: The Euro Remains Under Pressure
EUR/USD has been declining for seventeen
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EUR/USD has been declining for seventeen consecutive days, apart from several minor pauses. During this period, the euro has lost 440 points. The decline in the European currency began a month ago as the market prepared for an FOMC rate hike. Since then, the market has continued to buy the dollar based on the Fed's hawkish monetary policy stance, which has already been contradicted several times by FOMC policymakers. Many Fed officials have openly stated that further monetary tightening is
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Samir Klishi,
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