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EUR/USD Outlook: Risk Sentiment Improves on Positive US Data

Started by forex4you, Dec 29, 2022, 12:31 pm

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EUR/USD Outlook: Risk Sentiment Improves on Positive US Data

US consumer confidence reached an eight-month high in December. The confidence comeback coincided with a similar increase in the sentiment index at the University of Michigan. The US labor market will probably relax, and unemployment will rise in 2023. Today’s EUR/USD outlook is bullish. The dollar weakened as risk sentiment increased in response to encouraging … Continued


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