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EUR/USD outlook: Dollar weakens, euro varies on mixed data

EUR/USD outlook: Dollar weakens, euro varies on mixed data

The dollar fell after Fed minutes confirmed expectations for a Fed rate cut in September. Eurozone business activity strengthened in August. Negotiated wage growth in the euro area fell in the second quarter. The EUR/USD outlook is bullish as the dollar remains fragile after favorable Fed minutes. However, the euro fluctuated on Thursday morning after an economic…

The post EUR/USD Outlook: Dollar Weakens, Euro Varies on Mixed Data appeared first on Forex Crunch.

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