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EUR/USD Outlook: Diverging Economies Pressure the Euro

by Forex Crunch
January 17, 2025
in Forex Analysis
Reading Time: 1 min read

Market participants eagerly await Trump’s inauguration. Trump has proposed import tariffs of at least 10% on all imported goods. Data on Thursday revealed a smaller-than-expected increase in US retail sales. The EUR/USD outlook suggests further weakness for the euro amid diverging economic outlooks between the Eurozone and the US. At the same time, the ECB…
The post EUR/USD Outlook: Diverging Economies Pressure the Euro appeared first on Forex Crunch.
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