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EURUSD Dives to $1.17 Amid ECB Hike Bets and Geopolitical Tension

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The Story

News Summary

  • EUR weakened to $1.17 as stalled US-Iran talks and inflation concerns drove expectations for three ECB rate hikes by year-end.
  • German wholesale prices surged 6.3% YoY, while Eurozone growth remained sluggish at 0.1% quarterly.
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EURUSD price history

1.15 -0.86% over the displayed period

Advisor Snapshot

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