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February 20, 2025

US Dollar on Edge: Traders Anticipate Unemployment Claims Impact and Evolving Forex Landscape

The US Dollar faces heightened volatility as traders eagerly await unemployment claims data and signals from the Federal Reserve that may shape market dynamics. This pivotal moment could significantly influence the outlook for GBP USD and EUR USD, hinging on the results of the key data releases. As traders navigate through the uncertainty, many are eager to gauge how this new information might alter the trajectory for these currency pairs. The upcoming economic indicators promise to provide essential insights into the potential futures of the USD.

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