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EUR/USD news today.
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[QUOTE="forum forex, post: 200231, member: 78402"] EUR/USD Consolidates Losses Near the 2021 Low at 1.1528 and Could Fall Further The EUR/USD pair trades in the 1.1560 price zone, barely up on Thursday, despite a much better market mood. Global stocks advanced following news that US Senate majority leader Chuck Schumer announced an agreement on extending the debt ceiling by $408 billion until early December. However, the better market mood could not offset EUR weakness, as the common currency remains on the backfoot amid poor local data. Germany published August Industrial Production, which fell by 4% MoM, much worse than the -0.4% expected. The annual reading was 1.7%, well below the 11.4% expected. [/QUOTE]
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