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Societe Generale’s analysts suggest the Euro may rise towards a December peak of 1.0630.

EUR/USD rebounded from 1.0140, stabilising above the 50-day moving average, with resistance at 1.0630 ahead.

In early European trade, Eurostoxx futures rose 0.4%, while UK FTSE futures remained unchanged.

Eurostoxx futures rise 0.4%, DAX up 0.9%, euro strengthens, S&P 500 gains, Nvidia earnings in focus.

In January, the Eurozone’s consumer price index aligned with predictions at 2.5% year-on-year.

Eurozone January HICP inflation hit 2.5%, matching forecasts, indicating stability and potential monetary policy implications.

The euro seeks a break above 1.0500 following results from the German elections, influencing coalition negotiations.

EUR/USD nears 1.0500 as German election sparks coalition talks, debt brake debate, and potential economic shifts.

The UOB Group anticipates that GBP/USD will fluctuate between 1.2625 and 1.2680.

GBP is trading between 1.2625 and 1.2680, with momentum targeting 1.2730. Support at 1.2580 remains critical.

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