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December 4, 2024

EURUSD and Dow Set to Navigate Key US Economic Data

The first week of December brings a cautious outlook for 2025. The ISM Manufacturing PMI, a critical economic growth indicator, remains below the 50-mark for the eighth consecutive month. Despite economic stimuli and tax benefits elevating US indices to record highs, rising tariff risks for 2025 pose challenges for inflation trends and currency markets. Traders should prepare for potential volatility as these economic factors unfold.

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