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Euro US Dollar Exchange Rate Subdued As Both Currencies Boosted
The Euro US Dollar (EUR/USD) exchange rate has remained subdued today, as a risk-off trading mood strengthened both currencies. At time of writing the EUR/USD exchange rate is at around $1.1316, virtually unchanged from this morning’s opening figures. US Dollar (USD) Boosted Following Hawkish Federal Reserve Minutes The US Dollar has continued to climb today, as investors flock to the safe-haven ‘Greenback’ following the release of the latest policy meeting minutes. The latest minutes from the Fed represent a drastic change in approach from previous guidance, with the hawkish guidance shocking markets on ... (full story)