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November 26, 2024

EUR USD Faces Challenges with Bearish Sentiment

EUR/USD trades near 1.0500 amidst a prevailing bearish mood. Although daily losses are paring, the pair could see continued depreciation. Recent announcements from President-elect Trump about potential tariffs trigger market hesitancy. Analysts point to the growing risk-off sentiment that may hinder the Euro’s strength against the Dollar. Stay alert to geopolitical developments that could further impact USD and Euro pairings moving forward. Understanding these shifts is critical as markets navigate uncertainty.

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