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Posted by
Two Blokes Apr 23 -
Filed in
Forex
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Foreign exchange analysts at ING note that US growth fears and a loss of confidence in the dollar as a safe-haven asset have undermined the currency, with the Euro to Dollar (EUR/USD) exchange rate surging to 3-year highs above 1.1550 before a correction. If Trump manages to push Fed Chair Powell out of office, the bank expects EUR/USD.