Euro Surges to Monthly High on Dovish US Data

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The Euro (EUR) rallied against the US Dollar (USD) to a fresh monthly high near 1.0870 in Wednesday’s trading session. This surge comes after the release of dovish US economic data, including softer-than-expected inflation (CPI) and stagnant Retail Sales figures for April. Key Drivers: Technical Outlook: Breakout Potential for EUR/USD A Turning Point for EUR/USD? […]