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Posted by
Two Blokes May 5 -
Filed in
Forex
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EUR/USD trades slightly higher to near 1.1325 during the European trading hours on Monday, further gaining ground after touching a three-week low of 1.1265 late last week. The major currency pair rises as the US Dollar (USD) on persistent uncertainty over United States (US)-China trade relations and as investors turn cautious ahead of the Federal Reserve's (Fed) monetary policy announcement on Wednesday.