Thursday , 3 October 2024
Home Forex EUR/USD slides lower on increasing pessimism about European economy, tighter Fed, USD haven flows
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EUR/USD slides lower on increasing pessimism about European economy, tighter Fed, USD haven flows

EUR/USD trades in the 1.1030s on Thursday, about a tenth of a percent down on the day as geopolitical risks increase demand for the safe-haven US Dollar (USD) while the Euro (EUR) weakens amid a gloomy economic outlook for the old continent.

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