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EURUSD Slips Near Two-Week Low as Middle East Energy Shock Fears Loom

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The Story

News Summary

  • EUR/USD hovers near a two-week low below $1.16 as Middle East tensions spark energy shock concerns and risk-off sentiment.
  • Despite rising Eurozone inflation cementing ECB rate hike expectations, hawkish Fed commentary and rising oil prices continue to provide strong support to the US dollar.
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EURUSD price history

1.16 +0.00% over the displayed period

Advisor Snapshot

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