EUR/USD extends the corrective decline to 1.0970 – by pabspiovano EURUSD Currencies Majors
: Continuation of the ECB hiking cycle. Impact of the Russia-Ukraine war on the growth prospects and inflation outlook in the region. Risks of inflation becoming entrenched.So far, the pair is losing 0.23% at 1.0977 and faces the next contention level at 1.0941 followed by 1.0909 and finally 1.0831 . On the flip side, the surpass of 1.1095 would target 1.1100 en route to 1.1184 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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