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May 6, 2025

EUR/USD Gains Momentum as Dollar Hesitates Before Fed Meeting

The EUR/USD pair edged higher, reaching near 1.1350 during the European session on Tuesday. This movement comes as the US Dollar displayed cautious trading behavior. Investors are eagerly awaiting the Federal Reserve’s decision on interest rates, which will be revealed on Wednesday. As analysts predict possible changes, the market remains volatile, reacting to every signal from the Fed.

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