EUR/USD slides as US Dollar gains with Trump’s inaugration on the horizon

EUR/USD slides as US Dollar gains with Trump's inaugration on the horizon

EUR/USD falls sharply to near 1.0270 as investors shift focus to the US President-elect Donald Trump’s inauguration ceremony. Trump is expected to release policies on raising tariffs and lowering taxes soon after re-joining the White House. The ECB minutes showed that officials debated over reducing the Deposit Facility rate by 50 bps in December.

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