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FX Desk

Euro struggles as Fed rate-hike bets overshadow ECB tightening expectations

By FXStreet

Euro struggles as Fed rate-hike bets overshadow ECB tightening expectations

EUR/USD trades on the back foot on Monday, pressured by a stronger US Dollar (USD) as the US-Iran stalemate keeps Oil prices elevated, pushing US Treasury yields higher and strengthening expectations of further Federal Reserve (Fed) rate hikes.

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  3. EUR/GBP Price Forecast: Euro tests support at 0.8570 as Oil prices rally
  4. FX Outlook: Data Back in the Driver’s Seat This Week
  5. Oil: Higher prices drive yields and Dollar – MUFG

Source: FXStreet