Market Signal:BULLISH (high Impact)
Euro seems vulnerable near yearly low, Fed-ECB policy is under spotlight
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Target Assets:#USD_PKR
Executive AI Takeaway
Euro seems vulnerable near yearly low, Fed-ECB policy is under spotlight — Market signal: BULLISH (high Impact)
The Euro (EUR) trades close to its yearly low of 1.1113 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair is under pressure as heightened concerns in French bond markets and rising oil prices continue to weigh on the Euro.
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