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Back Fundamental analysis
The Euro Regains Its Confidence
The European Central Bank's (ECB) upward
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The European Central Bank's (ECB) upward revisions to inflation and GDP forecasts, amidst a slowdown in U.S. CPI, allow the EUR/USD pair to continue its rally.When the market does not move in the expected direction, it can make a sharp turn the opposite way. The ECB meeting and the U.S. inflation report provided the euro with additional advantages and invited the EUR/USD pair to rise. U.S. consumer prices slowed more than expected, while the ECB raised its inflation and GDP
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2025
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