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EUR/USD sinks to its lowest since May 2020 as dollar holds firmer on the day

Started by forex4you, Mar 02, 2022, 01:34 pm

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forex4you

Mar 02, 2022, 01:34 pm
EUR/USD sinks to its lowest since May 2020 as dollar holds firmer on the day

The euro is losing further ground on the week as traders pare back ECB rate hike bets and also as European assets are being hit amid the sanctions against . To make matters worse, rising energy prices won't provide much comfort on the inflation front and will also weigh heavily on consumers -

Source: EUR/USD sinks to its lowest since May 2020 as dollar holds firmer on the day

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