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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 20/Jun 10:47

Eurozone political uncertainty poses risks for Euro

The EURUSD pair weakened near 1.0730, snapping the three-day winning streak during early European trading on Thursday, with the upside for the pair seeming limited as investors are worried about political uncertainty in the Eurozone. Investors will closely watch the preliminary Eurozone and US Purchasing Managers Index (PMI) for June, which are due on Friday. The cautious mood by the calling of a snap election in France after a defeat by the far-right National Rally raised fears of Eurozone political uncertainty and weighed on the Euro. Furthermore, the divergence in monetary policy between the Eurozone and the US might further

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