EURUSD

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EURUSD

The pair starts the last trading day of the week under pressure as the dollar gains value globally following strong US unemployment data from yesterday. After conflicting signals from the US economy throughout the week, today's release of the Fed's preferred inflation measure, the Core PCE Price Index, will be the main factor determining the pair's weekly closing. An inflation figure exceeding expectations (2.9%) could strengthen the expectation that the Fed will maintain its hawkish stance, deepening the selling in the pair.