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December 23, 2024

EUR/USD Surges Near 1.0450 Amid Fed Rate Speculations

The EUR/USD pair remains resilient after gaining momentum from the previous session, currently trading around 1.0430 during Asian hours. This upward movement is likely backed by the lowered expectations for the US Dollar after the recent Personal Consumption Expenditures Price Index (PCE) data release. Traders should closely monitor developments regarding the Federal Reserve’s rate strategy, as these could greatly influence market direction. To follow the latest trends and predictions, visit entreprenerdly.com for expert insights.

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