The Euro retracted 28 pips from 4 months high and trades at 1.0405

Published: November 25 2022, 17:20 GMT+0

The Euro retracted 28 pips from 4 months high and trades at 1.0405

After hitting its highest point in 4 months at 1.0433, EUR/USD dropped by 28 pips and is now trading at 1.0405.

Though Euro-Dollar has been dropping, other pairs have been performing better: USD/JPY added 0.37% to its value, now trading at 139.1. EUR/JPY is up 0.3%. USD/CHF rises 0.26% to trade around 0.9455.

Having set a significant low of 0.9596 a month ago, Euro-Dollar is trading 8.5% higher.

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