EUR/USD Recovers as Dollar Weakens

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EUR/USD rose to 1.1429 on Thursday, with the US dollar continuing its moderate decline from the previous session. The market is assessing rising inflation risks driven by elevated energy prices against a backdrop of weakening economic data, while seeking further signals on Federal Reserve policy. At next week’s meeting, the regulator is expected to keep […]The post EUR/USD Recovers as Dollar Weakens appeared first on ActionForex.