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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 27/Aug 08:10

Euro above 1.115 on improved market optimism

EURUSD recovered its recent losses from the previous session, trading around 1.1170 in Asian markets on Tuesday. This follows the currency pair hitting 1.12 for the first time in 2024. Optimism prevails after US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, told Reuters early Tuesday concluding a three-day trip to the Middle East, that concerns about an imminent broader conflict in the region have diminished. An exchange of fire between Israel and Lebanon’s Hezbollah did not escalate further. However, Hamas has rejected new conditions proposed by Israel in ceasefire negotiations in Egypt, insisting that Israel

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