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EURUSD: Intraday Forecast & Short Term Analysis

The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged higher after Japan’s core consumer price growth picked up, reinforcing views that the Bank of Japan (BOJ) may soon roll back monetary stimulus.

With U.S. markets closed on Thursday for the Thanksgiving holiday and due for a shorter Black Friday trading session, currencies are trading narrowly as liquidity is expected to remain thin.

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