Euro strengthens on softer US figures, dovish repricing intensifies

Euro strengthens on softer US figures, dovish repricing intensifies

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EUR/USD registers solid gains of over 0.51% on Tuesday, boosted by a weaker US Dollar, as data reinforced traders’ speculation that the Federal Reserve might reduce rates at the December meeting. At the time of writing, the pair trades at 1.1579, getting close to the 1.1600 figure…
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