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April 16, 2025

EUR/USD Recovers as Doubts About USD’s Safety Emerge

The EUR/USD currency pair made a strong recovery, nearing 1.1390 during European trading hours on Wednesday, following a slight dip the day before. This strengthening occurs as the US dollar resumes its downward trajectory after a brief recovery, raising questions about its safe-haven appeal. Investors are reevaluating their positions as the market evolves, interpreting the implications for both currencies.

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