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EURUSD Dives to 1.16 on Eurozone Contraction Despite German Sentiment Rebound

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The Story

News Summary

  • Euro weakened to $1.16 near April lows amid conflicting signals: German sentiment improved and Q1 GDP held steady, but eurozone PMI contracted sharply in May, signaling economic slowdown and potential 4% inflation ahead.
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EURUSD price history

1.16 +0.00% over the displayed period

Advisor Snapshot

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