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Economy Country 2026-01-27T16:30:28+00:00

Euro Reaches 2021 High Against Dollar

The euro strengthened to 1.18 against the dollar amid weak U.S. economic data and expectations of lower interest rates from the Federal Reserve. This rise is the highest since 2021.

Euro Reaches 2021 High Against Dollar

The euro rose to 1.18 against the dollar on Tuesday, marking its highest level since 2021. The decline in demand for the dollar is due to weak U.S. economic data and the Federal Reserve's expectations of lower interest rates. This strengthening of the euro reflects changing market sentiment and economic prospects.

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