EUR/USD Outlook: Optimism Swells as US Rates Approach Peak
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<p>There is growing optimism regarding the potential peak in US interest rates. There is less than a 20% likelihood of a Fed rate increase in December. In October, US manufacturing experienced a sharp contraction. On Thursday, the EUR/USD outlook painted a promising picture with a bullish stance, with the dollar’s weakening as a key factor….</p>
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