This week, the European Central Bank will cut the deposit rate by 25 basis points, which will give the euro a boost to growth. A rate cut is a bearish signal for the currency, however, I believe that traders have already taken this into account, and the decline is already in the price. I think the strengthening of the eurozone economy will give an impetus to a turnaround.
And keep in mind that the Santa Rally is about to begin
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