Pressure on the US dollar while the Euro is rising slightly

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The US dollar is experiencing a difficult period after the macroeconomic reports last week, which strengthened the hypothesis of a slowing US economy. Market participants’ concerns might come true by the GDP report estimated to fall to 1% (from 2.2%). Later in the day, the Federal Funds Rate will be announced together with the FOMC Statement. Investors already lost faith in a June interest rate in...

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