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Analyst: Trade uncertainty is restraining Euro Fluctuation.
Jin10 data June 5 news, forex analysts say that on the surface, the European Central Bank's downward revision of inflation expectations may trigger a more intense forex reaction. However, the persistent trade uncertainty and the recent collapse of the correlation between the euro and interest rates have largely restrained the euro. Nevertheless, the euro is testing the daily high again, which is a subtle signal indicating that even in a low fluctuation environment, traders may still prefer upward exposure.