EUR/USD hovers around 1.0500 ahead of European Central Bank Lagarde’s speech

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EUR/USD hovers around 1.0500 ahead of European Central Bank Lagarde’s speech
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EUR/USD hovers around 1.0500 ahead of European Central Bank Lagarde’s speech – by Sagar_Dua24 EURUSD Fed ECB SEO Recession

Meanwhile, the shared currency bulls are getting anxious ahead of the speech from European Central Bank President Christine Lagarde, which is scheduled for Thursday. At the time of writing,

The upbeat demand for manpower is indicating that the inflationary pressures are here to stay as strong demand for labor meets with higher salaries. This will left more money in the palms of households, which will result in higher retail demand and therefore will trigger inflation ahead.

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