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EUR/USD lifts to a new 2025 high

The dollar is still under pressure just now this morning. The earlier German factory orders data, which was reported on here, has not dented the Euro and that was clear to see immediately after the data hit the screens. As suspected, the Euro has pushed to a fresh high just now, rising above 1.0843. It has not extended by more than a few pips so far, but the push higher is still a ringing endorsement of further dollar weakness this morning. The GBP/USD is also now closer to the high seen yesterday, at 1.2923. The USD/JPY is still floundering to some degree too. The EUR/USD is trading right now at 1.0852
 

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