Euro Rises for Fourth Session on Lower Energy Prices
The euro advanced for a fourth consecutive day supported by falling energy prices and political shifts in the United States. Meanwhile the dollar slipped while other major currencies and cryptocurrencies recorded modest gains.
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The EUR/USD rose 0.16% to $1.1268 on Thursday, marking its fourth consecutive daily gain as lower energy prices eased macroeconomic pressures. The currency pair reached $1.1273 on Wednesday, hitting its highest level since October 6. This upward momentum reflects shifting geopolitical risk premiums across global markets.
