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EUR/USD holds onto recent gains despite increasing bets of large ECB rate cut
EUR/USD trades above 1.0800, but the downside bias remains firm due to multiple headwinds. Traders expect the ECB to announce a sizeable interest rate cut in December. The Fed is expected to pursue a gradual rate-cut cycle. EUR/USD strives to extend Thursday’s recovery above 1.0800 in Friday’s Europ
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