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January 9, 2025

EUR/USD Loses Steam Near 1.0300 Preceding Retail Sales Data

As anticipation builds for the Eurozone Retail Sales release, the EUR/USD pair has begun to lose momentum, approaching the 1.0300 level. This decline reflects a cautious market sentiment ahead of essential economic data.

Following recent trends, traders must remain watchful of how these upcoming retail sales figures might impact the Euro’s strength against the Dollar.

Staying informed on developments will be key for anticipating potential market movements in the EUR/USD pair.

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