Major currency pairs trade in narrow ranges early Friday, following some volatility seen on Thursday, after gold gathered bullish momentum and rose...
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Maroc - FINANCIALMIRROR.COM - A La Une - 18/Jan 08:40
Euro trades with caution ahead of Trump inauguration
The Euro-Dollar traded cautiously in a narrow range near the key level of 1.0300 in Friday’s North American session. The EURUSD currency pair oscillated within the previous day’s trading range, with investors focusing on President-elect Donald Trump’s inauguration on Monday. Investors await Trump’s announcement of new economic policies for fresh cues about the US economic outlook and the likely global trade environment. Market experts believe that Trump’s policies will boost inflation and economic growth and lead to a global trade war. While testifying at a Senate Finance Committee on Wednesday, Trump’s treasury pick, Scott Bessent, said there is an urgent need to
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