Daily Market Updates: Euro: Two-phase weakness and recovery prospects against US Dollar

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Euro: Two-phase weakness and recovery prospects against US Dollar – Commerzbank

Reported · Written up by our desk · Major Pairs

Commerzbank’s Thu Lan Nguyen analyzes EUR/USD’s sharp decline since September, initially driven by broad US Dollar strength and later by Euro-specific concerns over France’s public finances.

Latest closeEUR/USD 1.122 ▼0.3%

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FXStreetEuro: Two-phase weakness and recovery prospects against US Dollar – Commerzbank

Forex

Euro: Two-phase weakness and recovery prospects against US Dollar – Commerzbank

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