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November 12, 2024

EUR/USD slumps on Trump tariff worries, US inflation in focus

EUR/USD posts a fresh nearly seven-month low below 1.0620 in Tuesday’s European session. The major currency pair continues to face intense selling pressure on heightened concerns over the Eurozone export sector outlook, given that President-elect Donald Trump vowed to raise import tariffs by 10% in his election campaign.

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EUR/USD Dips Further While USD/CHF Turns Green

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EUR/JPY holds losses near 163.50 following Germany’s HICP data

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