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EURUSD: Daily Setup & Intraday Analysis

Expectations for U.S. easing in 2024 and a resulting dollar drop may be overdone with the first cut coming later than currently expected while the greenback remains underpinned by an interest rate that will still attract investors at the end of next year.

Expectations have swung dramatically with traders and investors scrambling to adjust in the less liquid conditions that are often an issue before the end of most years.

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