The EUR/USD currency pair has experienced a slight recovery, paring its weekly losses as U.S. equities performed strongly. A significant factor in the currency’s movements was the remarks by Federal Reserve officials emphasizing a restrictive monetary policy stance. Richmond Fed President Thomas Barkin expressed optimism for the U.S. economy in 2025, with upside growth potential outweighing downside risks. These sentiments contributed to increased investor confidence in the greenback.
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