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Euro could take advantage of dollar's weakness
Euro could take advantage of dollar's weakness

Euro could take advantage of dollar's weakness

According to the latest data, retail sales in the US rose by only 0.4% against a forecasted 0.7% increase.

According to the latest data, retail sales in the US rose by only 0.4% against a forecasted 0.7% increase. At the same time, data from the Eurozone show an increase in employment, as well as a positive trade balance for Q1 2023. In such conditions, the EUR/USD pair could be set to rise.

EUR/USD

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78% of retail investor accounts lose money

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