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EURUSD is trying to get back 1.0000 but the US dollar is getting stronger

EURUSD is trying to get back 1.0000 but the US dollar is getting stronger #EURUSD #dollar #stronger Welcome to Americanah Blog, here is the new story we have for you today:

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Having managed to record small gains in the last three consecutive trading sessions, The price of the euro in dollars It appears to have already reversed trend in the early hours of the session in Asia Pacific, and also fell below parity. The short-term technical outlook shows that bullish investors are still hesitant, and in the absence of high-impact macroeconomic data, the perception of risk could influence the movement of the fibers during the Wall Street session.

On Friday, the University of Michigan’s High Impact Consumer Survey showed consumers’ 12-month and five-year inflation expectations fell to 4.6% and 2.8%, respectively. Although the US dollar’s future is slightly weaker, it appears that these percentages did not have such a strong impact on the upcoming Fed rate decisions. By monitoring CME Group’s FedWatch tool, there is now a 20% chance that the US central bank will raise its benchmark interest rate by 100 basis points on Wednesday.

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