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Forex

Euro Falls to Near 1.1450 as Fed Holds Steady

Guavy AI Editorial Team
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EUR USD
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The euro slipped to near 1.1450 against the US dollar on Thursday following the Federal Reserve's decision to hold interest rates steady at its latest policy meeting.

This move was widely anticipated by markets, leaving little immediate catalyst for the greenback.

Traders are now focusing on upcoming gross domestic product (GDP) data from the Eurozone and Germany, which could provide a significant directional move for the single currency.

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