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Back Fundamental analysis
EUR/USD: hot start to June—ISM index, euro area CPI, and May nonfarm payrolls to be issued
The euro/dollar pair began the new
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The euro/dollar pair began the new trading week with a modest southward retracement, stepping back from Friday's high of 1.1687. The downward impulse, however, faded quickly, and the pair has since drifted around the middle of the 1.16 area. Both buyers and sellers remain cautious amid ongoing US-Iran negotiations. On the one hand, negotiators have not managed to reach a deal despite a stream of encouraging leaks; on the other hand, President Donald Trump continues to express optimism about the diplomatic
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