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Euro to Dollar Rate and Market's Lower Fed View at Risk as U.S. PCE Data Looms

  • Written by James Skinner

The Euro to Dollar exchange rate came within arm's reach of six month highs after appearing to misread a keynote speech from Federal Reserve (Fed) Chairman Jerome Powell and ahead of yet more inflation data that will test the viability of the market's latest assumption about the outlook for U.S. interest rates. 

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Euro to Dollar Week Ahead Forecast: Risk of Slippage to 1.0303 or Below 

  • Written by James Skinner

The Euro to Dollar exchange rate has benefited significantly from the final quarter's risk asset rally but its recovery has recently been stalled by technical resistances around 1.04 on the charts and could give way this week to losses that pull the single currency back toward 1.0303 or below in the days ahead.

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