: Continuation of the ECB hiking cycle vs. increasing recession risks. Impact of the war in Ukraine and the persistent energy crunch on the region’s growth prospects and inflation outlook.So far, the pair is retreating 0.46% at 1.0305 and faces the next up barrier at 1.0364 seconded by 1.0368 and finally 1.0432 . On the other hand, a breach of 1.0027 would target 0.9935 en route to 0.9730 .
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