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Posted by
Two Blokes Apr 16 -
Filed in
Forex
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3 views
The EUR/USD rally appears driven by real money flows as investors hedge dollar exposure or repatriate US assets. While upcoming Fed easing and slower US growth could pressure the dollar further, the ECB's rate cut to 1.75% may help limit euro gains, keeping the pair volatile within a 1.12–1.16 range, ING's FX analysts Francesco Pesole and Chris Turner note.
