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Euro first breaks above 1.2, Trump's speech triggers massive stop-losses
GateNewsBot
ChainCatcher reports that, according to Jinshi, U.S. President Trump previously signaled a devaluation of the dollar, leading to a large-scale stop-loss in the EUR/USD and breaking through the 1.2 level in a short period, rising to 1.2068. This is the first time since June 2021. Trump has long hinted at supporting dollar devaluation to boost export competitiveness.
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