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via fxstreet.comMarkets

Euro slips as traders await Fed and ECB monetary policy decisions

FROM THE WIRE · FXSTREET.COM

EUR/USD edges lower on Monday as a rebound in the US Dollar (USD) weighs on the Euro (EUR) ahead of this week’s Federal Reserve (Fed) and European Central Bank (ECB) monetary policy decisions.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA firmer dollar weighs on the euro ahead of Fed and ECB policy decisions.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01EUR/USD edges lower on Monday as the US dollar rebounds.
  2. 02Federal Reserve and ECB monetary policy decisions are due this week.
  3. 03The euro's decline reflects market positioning ahead of the decisions.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1183+0.05%today -0.19%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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