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EUR/USD Forecast: Geopolitical/Trade Tensions Weaken Euro

by Forex Crunch
November 22, 2024
in Forex Analysis
Reading Time: 1 min read

The euro collapsed on Wednesday after reports that Ukraine had hit Russia with missiles. Traders fear Trump’s looming tariffs on Eurozone goods. Economists expect the Fed to lower borrowing costs in December. The EUR/USD forecast shows a fragile euro as investors worry about the escalating Ukraine war and Trump’s looming tariffs. Meanwhile, the greenback paused…
The post EUR/USD Forecast: Geopolitical/Trade Tensions Weaken Euro appeared first on Forex Crunch.
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