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EUR/USD Analysis Today 14/01: Drops Toward Parity (Chart)
(MENAFN- Daily Forex)
- At the beginning of this week's trading, the bearish trend on the EUR/USD currency pair continued, with losses extending to the support level of 1.0177, the lowest level for the currency pair since October 2022. Before stabilizing around the 1.0250 level at the time of writing this analysis. The continued selling pressure on the euro dollar may persist until investors and markets react to the announcement of US inflation data this week, which will impact the future of US monetary policy, along with anticipation of Trump's inauguration for a new US term.

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