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EURUSD Surges on Iran De-escalation Hopes and Strong Eurozone Manufacturing Data

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The Story

News Summary

  • Global markets rallied on hopes of de-escalation in the Iran conflict.
  • Eurozone manufacturing improved, boosting the euro near a three-week high versus the dollar amidst U.S.
  • economic resilience and reduced expectations for imminent Fed rate cuts.
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EURUSD price history

1.16 +0.00% over the displayed period

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