EUR/USD Surges as Dollar Retreats Focus on FOMC Minutes
The EUR/USD currency pair demonstrates a strong rebound, overcoming earlier losses to position above the vital psychological level of 1.0500. This recovery happens as the U.S. Dollar faces downward pressure, relinquishing its daily gains. Market watchers anticipate upcoming Federal Open Market Committee (FOMC) minutes, which could provide insights into future monetary policy. Traders should stay alert.
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