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Euro and Sterling Take Back the Lead in Quiet Market

In today's subdued trading environment, Sterling Euro have emerged as the strongest currencies, outperforming Australian Dollar and New Zealand Dollar. The ascendancy of these European currencies does not appear to be driven by any specific fundamental factors. Instead, it seems to be part of a rotational trend where different currencies take turns rallying against Dollar and Japanese Yen. Currently, it is the turn of Euro and Pound to experience this upward movement. ....

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