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EUR/USD stays under bearish pressure and trades deep in negative territory underneath 1.1050. The dollar carries on to assemble strength after the data from the US discovered that labor conditions tightened and business activity continued to increase at a strong rate in March.By using the mid-market exchange rate to be a benchmark, you are able to
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The bloc’s inflation is already working at record highs and is also now likely for being extra persistent to the back of higher commodity prices and a decent labor market. Meanwhile, market participants await European Union leaders to unveil the bloc's policy response to Russia's invasion of Ukraine. On Wednesday, the common currency surged one.6
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