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EURUSD: Daily Analysis & Intraday update

EUR/USD traded higher Tuesday on the back of general dollar weakness, but it’s hardly a sigh of relief for longs as Fed and ECB policies appear set to work against them.

Entrenchment of disinflation within the euro zone was reinforced Tuesday after inflation eased to near three-year lows as German March CPI and HICP rates fell sharply from February’s levels.

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