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EUR/USD at new lows: Will the sell-off end?
The EUR/USD has hit new lows, currently trading at 1.1446 amidst a broader sell-off fueled by hawkish signals from the Federal Reserve. The recent market action reflects growing concerns over the ECB's policy stance as well, which has left traders questioning the sustainability of any support for the euro. Given the significant divergence in forecasts across major banks, the question remains whether this downward trajectory will stabilize or prompt a new wave of volatility.