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Posted by
Two Blokes Jul 2 -
Filed in
Forex
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14 views
The US Dollar has been subjected to renewed selling with the Euro to Dollar exchange rate (EUR/USD) surging to 45-month highs at 1.1830 before a correction to 1.1775. Danske maintains a bearish stance on the dollar and expects weak data will trigger another round of losses as expectations of a Fed rate cut intensify.
