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January 10, 2025

EUR USD Hesitates Near Major Support as Payrolls Loom

The Euro hesitates near its two-year lows as markets prepare for the upcoming Non-Farm Payrolls report. The ADP Non-Farm Employment Change posted a decline, revealing significant job loss potential. The upcoming data may significantly affect market trends for both the Euro and the US Dollar. Investors remain on high alert, preparing for possible volatility as results unfold. This downward pressure on the Euro highlights the importance of economic indicators in shaping currency performances moving forward.

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