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EUR/USD. Analysis and Forecast
Today, Friday, the EUR/USD pair continues
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Today, Friday, the EUR/USD pair continues to decline from its December high. The weakening of the currency pair is driven by negative data on eurozone manufacturing activity, which has strengthened bearish sentiment toward the euro amid relatively quiet New Year trading conditions. Nevertheless, the EUR/USD rate remains close to the three-month high of 1.1808, reached just before the holidays.Over the past year, the U.S. dollar has fallen by approximately 14% against the euro amid market concerns about the inconsistency of
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Irina Yanina,
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