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EUR/USD pressured as US Dollar holds gains near highs
Thursday, 2 January 2025 15:22 WIB | EUR/USD |EuroDolar

EUR/USD traded vulnerable and held near more than a month-low around 1.0350 on the first trading day of the year.

The major currency pair is in a tough spot as the US Dollar (USD) holds near more than two-year highs, with the Dollar Index (DXY) trading around 108.50 on optimism that the Federal Reserve (Fed) will cut interest rates lower than previously anticipated this year.

Source: FXStreet

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