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EUR/USD: Greenback hits jackpot
The euro/dollar pair retested the 1.15
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The euro/dollar pair retested the 1.15 area again today after yesterday's corrective pullback to 1.1655. As expected, EUR/USD buyers were unable to hold their positions against a broadly firmer US dollar. The US Dollar Index is once again pressing the 99 area as geopolitical risks intensify. The Middle East conflict continues to worsen and, it would appear, may be more protracted than initially assumed. Bleak leaks from influential US outlets are fanning the flames and maintaining market anxiety. Politico reports, for
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Irina Manzenko,
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