EUR/USD Faces Pressure as ECB Rate Decision Approaches
EUR/USD has retraced slightly as it pulled back from the 1.0600 mark, after encountering a technical setback from this crucial level last week. Euro traders prepare for an extended wait ahead of the European Central Bank’s (ECB) rate decision scheduled for Thursday. Simultaneously, dollar buyers are poised for the latest updates on the US Consumer Price Index (CPI) inflation set to release on Wednesday.
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