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March 18, 2025

EUR/USD Holds Above 1.09 Amid Peace Hopes and ECB Speculations

The Euro (EUR) continues to demonstrate strength, maintaining gains above the 1.09 mark against the US Dollar (USD). This upward momentum comes as financial analysts express optimism regarding a potential peace deal in Ukraine. Moreover, there are growing expectations for the European Central Bank (ECB) to pause its monetary policy adjustments in April. Analysts Frances Cheung and Christopher Wong from OCBC highlight that the EUR is currently trading at approximately 1.0948 levels.

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