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Euro hovers near two-month low as hawkish Fed outlook weighs

EUR/USD hovers near a two-month low on Thursday as expectations of another Federal Reserve (Fed) interest-rate hike keep the US Dollar (USD) firmly supported.

EUR/USD hovers near a two-month low on Thursday as expectations of another Federal Reserve (Fed) interest-rate hike keep the US Dollar (USD) firmly supported.

At the time of writing, the pair trades around 1.1372, remaining on the back foot for a fourth consecutive day.

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