Euro Reclaims Lost Ground Against the Dollar and Swiss Franc

Thursday, 4 April 2024, 08:08

Following weaker US PMI data and a dovish tone from the Fed, the Euro rebounded against the USD and CHF. Investors observed notable gains in the EUR/USD and EUR/CHF pairs amidst the shifting market dynamics. This development signals a possible shift in currency performance and market sentiment towards the Euro in response to the latest economic indicators.
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Euro Reclaims Lost Ground Against the Dollar and Swiss Franc

Euro Update: Weaker US Activity Data Helps the Euro Reclaim Lost Ground

The euro has found its feet after slower US PMI data and a more dovish message from the Fed resulted in higher moves for both EUR/USD and EUR/CHF.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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