The EUR/USD trades are nearing the 1.0950 mark

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In Tuesday’s session, the Euro (EUR) against the US Dollar (USD) exhibited strong downward movements, trading roughly around 1.0950. The primary driver of this movement includes a considerable threat to its 20-day SMA, along with a significant risk-off mood pervading the market, which redirected flows toward the Greenback. The US dollar started 2024 strongly and […]