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May 22, 2025

EUR/USD Approaches Two-Week Highs Ahead of Economic Data Release

The EUR/USD currency pair is trading around 1.1340, nearing two-week highs during the Asian trading session. This upward momentum is attributed to the Euro’s continued strength, marking the fourth consecutive session of gains. Investors eagerly await the upcoming HCOB Purchasing Managers Index (PMI) for the Eurozone. This crucial data release could significantly influence market sentiment and trading strategies for the Euro and overall Forex landscape.

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