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Dissecting the Markets: EUR/USD Under Pressure as Weak German Inflation Data Fuels ECB Rate Cut Speculation
The EUR/USD pair is under pressure in Thursday's New-York session, slipping below the 1.055 level as German inflation data for November came in weaker than anticipated. The report showed that...
Dissecting the Markets: USD Searches for Solid Support as Traders Lock in Gains Ahead of Thanksgiving
The US Dollar edged lower against most major currencies today, with the DXY index slipping towards the 106 threshold. Market participants are digesting signals from the Federal Reserve, particularly...