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February 13, 2025

EUR/USD Gains traction Near 1.0450 Before German HICP Data Release

EUR/USD is experiencing upward momentum, trading close to 1.0430 during Asian hours. This marks the third consecutive session of growth for the pair. Investors are keenly awaiting the German Final Harmonized Index of Consumer Prices (HICP) data due later today, which may impact Euro direction. A careful analysis of this data will be crucial for traders as market reactions unfold. Understanding the implications of inflation data could provide critical insights for future trading strategies.

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