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Overview of the EUR/USD Pair. March 27. The US-Iran Verbal Clash: Who to Believe?
The EUR/USD currency pair plunged again
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The EUR/USD currency pair plunged again on Thursday. In essence, the upward correction lasted only a week, during which the euro failed to show any significant growth that could spark speculation about a possible end to the downward trend. The macroeconomic and fundamental calendar was nearly empty on Thursday. Clearly, the German consumer confidence index did not provoke a new decline in the euro. Thus, the drop in the pair was once again exclusively tied to geopolitical factors. Which ones,
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Paolo Greco,
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