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EUR/USD - Review from October 23, 2024

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Financial and commodity markets analytics


The EUR/USD pair is holding in the support zone described earlier. Nevertheless, changed expectations regarding the easing of the US Federal Reserve's monetary policy and the demand for safe-haven assets are driving the dollar up and putting pressure on the EUR/USD pair's quotes. If the price drops below the 1.0780 mark, the next support zone may be found in the 1.0700-1.0750 range.