EUR/USD extends the sharp bounce past 1.0700 EURUSD Currencies Majors
: Continuation of the ECB hiking cycle amidst dwindling bets for a recession in the region and still elevated inflation. Impact of the Russia-Ukraine war on the growth prospects and inflationSo far, the pair is advancing 0.33% at 1.0673 and the breakout of 1.0737 would target 1.0804 en route to 1.1032 . On the downside, the initial support comes at 1.0524 seconded by 1.0481 and finally 1.0323 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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