💶 EUR/USD on September 7 stalled near 1.068, not allowing it to overcome this level on Friday.
💶 Everything changed after a change in investor sentiment about the US Dollar.
💶 Most have already started to prepare for the upcoming interest rate cuts, looking at the fact that the economy is doing well and inflation has already fallen to 3.2%
💶 On the other hand, the mood in the Eurozone has improved, the risk of falling into recession has diminished after the upcoming forecasts of economic growth and falling inflation
💶 I believe that the market is currently overvalued in favor of the dollar, and the true value of the euro will be recovered in the coming weeks
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