EUR/USD Stumbles Near 1.3060, Just Above Two-Year Low Before US PCE Data
The EUR/USD pair continues its struggle to secure meaningful buying interest, oscillating near the 1.0360 area during the Asian session on Friday. Prices hover close to a near-one-month low reached previously, indicating persistent bearish sentiment. The market remains poised for potential downward movement, particularly ahead of the US PCE data release, which holds significant implications for future economic direction. Investors are keeping a close watch on these developments, as the results may either validate or negate current trends in the forex market.
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