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EUR/USD is swinging higher ahead of the anticipated U.S. core PCE price index report!
If you’ve read last week’s Weekly Recap, then you’ll know that the Fed is sounding relatively less dovish if you compare it to counterparts like the SNB, BOE, and even the ECB.
USD dominated most of its counterparts last week but it looks like currencies like EUR are finding some support as the dollar sees some profit-taking.
How high can EUR/USD fly before the bears step back in?
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