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EUR/USD Outlook: Euro Sentiment Soft Eyes on Fed Meeting

DailyFx
 2021-07-26

Cover picture for the articleA somewhat relatively subdued start to the week for the Euro, with the currency remaining anchored around the 1.18 handle. This morning’s IFO data missed expectations as supply chain constraints and concerns around the spread of the Delta variant continued to weigh on sentiment. However, the report was met with little in the way of a reaction in the Euro as market participants await key risk events, namely the Federal Reserve meeting.

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