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Deutsche Bank: EUR/USD expected to rise above 1.2

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2025-09-23 07:27:53
The euro hit a four-year high of $1.1918 after the Federal Reserve cut interest rates last week, according to LSEG data. The euro is set to extend its gains against the dollar and is expected to rise above 1.2 as investors continue to withdraw from the dollar and US assets, Deutsche Bank foreign exchange strategists said in a note.
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