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EUR/USD – Price Analysis and Forecast: The Euro Remains Under Pressure Ahead of the ECB's Interest Rate Decision
The EUR/USD pair is retreating after
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The EUR/USD pair is retreating after a modest gain the previous day, with prices holding near the 1.1140 level. Pressure on the currency pair is intensifying as the US dollar recovers, offsetting the previous session's losses following the Federal Reserve's (Fed) decision to leave interest rates unchanged.The US central bank kept its key interest rate in the 3.75–4.00% range, citing continued economic expansion. In its accompanying statement, the Fed noted resilient domestic consumer spending, strong capital investment, and steady productivity
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