EUR/USD gains firm footing above 1.0700 amid cheerful market mood
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#5fbc89c3 ver:0.81
EUR/USD gains above 1.0700 as market mood improves. German Business Climate Index declines, US Dollar remains strong. US stock futures rise, potential bullish opening in Wall Street could hinder USD demand. EUR/USD rebounds, RSI recovers. Resistance at 1.0730-1.0740, support at 1.0670. Euro recovers after sentiment-driven selloff, ECB waits for inflation data before rate cuts. US PMI figures exceed expectations, headwinds for EUR/USD. Investors optimistic about Fed rate cuts. Germany's economic outlook gloomy, Eurozone points to rate cuts. Eurozone data influences Euro value. EUR/USD faces selling pressure near 1.0750. Risk flows and French election impact Euro traders. Mid-tier US data and Fedspeak in focus. #EURUSD #forex #economy #ECB #USD...
#newstr #Eur/usd #UsDollar #FedRatecut #Eurozone #Germany #Ecb #InflationData #EconomicData #TradeBalance
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