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EUR/USD Price Set to Push Below 1.05 After US CPI Surprised

Investors are on high alert after Friday’s US inflation, pushing prices higher. Some investors believe a 75-bps hike at the Fed meeting on Wednesday is possible. COVID-19 has come back to haunt China’s economic growth. EUR/USD might experience support at 1.0500 on the charts. The EUR/USD price closed Friday on a strong bearish candle after … Continued
The post EUR/USD Price Set to Push Below 1.05 After US CPI Surprised appeared first on Forex Crunch.

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