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Euro weakens below 1.1400 as Fed rate hike expectations reinforce US Dollar strength

The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday.

The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday.

The major pair extends its downside as hawkish signals from the US Federal Reserve (Fed) boost the US Dollar (USD) against the Euro (EUR).

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