EUR/USD is lower amid a rise in the dollar following US consumer confidence data.
Portfolio Pulse from Benzinga Newsdesk
The EUR/USD currency pair is trading lower due to a rise in the US dollar, which followed the release of positive US consumer confidence data.
June 25, 2024 | 2:20 pm
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The EUR/USD currency pair is experiencing a decline as the US dollar strengthens on the back of positive US consumer confidence data.
The rise in the US dollar, driven by positive consumer confidence data, is causing the EUR/USD pair to decline. This is a direct impact of the economic data on the currency market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100