
EURUSD Analysis Euro ends the week under pressure
It was not an easy week for the euro. Now, EUR/USD has accumulated a decline of more than 0.4% over the last 2 trading sessions, reflecting significant short-term weakness in the European currency.
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It was not an easy week for the euro. Now, EUR/USD has accumulated a decline of more than 0.4% over the last 2 trading sessions, reflecting significant short-term weakness in the European currency.

As the trading week approaches its close, one of the main short-term developments is the euro’s loss of momentum. This is reflected in EUR/USD price action, with the pair down around -0.2% on the day and moving back toward the 1.15 area.
The ECB said inflation remains far too high and is likely to stay above target for an extended period.
The ECB has indicated that further normalisation of interest rates “will be appropriate.”
Ms. Lagarde's strongest statement was around the PEPP purchases ending in March, making the statement more hawkish than anticipated
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