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Euro holds ground against US Dollar amid Fed uncertainty ahead of US CPI

EUR/USD treads water on Monday as the US Dollar (USD) steadies following its post-NFP weakness, while Oil prices rise amid uncertainty over the reopening of the Strait of Hormuz. At the time of writing, the pair trades around 1.1553, virtually unchanged on the day.

Euro holds ground against US Dollar amid Fed uncertainty ahead of US CPI

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