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Euro remains on the defensive ahead of Fed and ECB interest rate decisions

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Euro remains on the defensive ahead of Fed and ECB interest rate decisions

EUR/USD remains on the back foot on Tuesday as the Euro (EUR) underperforms across the board amid concerns over France’s public finances, while a firmer US Dollar (USD) adds pressure. At the time of writing, the pair trades around 1.1145, extending losses for a fifth consecutive day.

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