Forecast: Euro-dollar exchange rate to continue decline

13:03 - 9.07.2021

July 9, Fineko/abc.az. The growth in the oil demand in the U.S. more than predicted led to an increase in economic expectations.

ABC.AZ reports that thus, the decline in the EUR/USD and GBP/USD rates is likely to continue.

Meanwhile, in the non-ferrous metals markets the price of gold, as well as bitcoin on cryptocurrency exchanges, are under pressure.

 

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