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EUR/USD Price Analysis and Forecast: The EUR/USD Pair Continued to Rise Due to U.S. Dollar Weakness
Today, Thursday, the EUR/USD currency pair
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Today, Thursday, the EUR/USD currency pair continued its upward movement, benefiting from the weakness of the U.S. dollar.The U.S. dollar continues to decline, coming under pressure from hopes for a peaceful resolution of the conflict between the United States and Iran, despite encouraging employment data. In particular, the ADP report showed that private-sector employment increased by 109,000 jobs in April, significantly above the revised figure of 61,000 recorded in the previous month. Nevertheless, this positive factor was offset by overall
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Irina Yanina,
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