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February 17, 2025

EUR/USD Stalls Near Multi-Week High, Struggling Below 1.0500

EUR/USD finds itself in a tight trading range below the 1.0500 mark, despite previously registering gains over the last four days. Currently, the pair oscillates within a narrow band, as traders assess the US Dollar’s weaknesses. The currency remains positioned near a three-week high. Market participants continuously evaluate the impact of broader economic developments on the Euro and Dollar movements.

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