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via fxstreet.comMarkets

Euro gains near 1.1250 on Democrat win and hot Eurozone inflation

FROM THE WIRE · FXSTREET.COM

The EUR/USD pair gathers strength to near 1.1245 during the early Asian trading hours on Thursday. The US Dollar (USD) weakens against the Euro (EUR) as the Democrats take control of the US Congress in midterm elections. Germany’s Factory Orders data for September is due later…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe dollar weakens on Democrats taking Congress and hot Eurozone inflation data.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The EUR/USD pair rises near 1.1245 in early Asian trading.
  2. 02Democrats took control of the US Congress in midterm elections.
  3. 03Germany's September factory orders data is due Thursday.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1265+0.09%today +0.27%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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