TechFlow news, June 3 — According to Jinshi Data, Danske Bank analysts said in a report that the recent appreciation of the euro reflects weakness in the U.S. dollar rather than strength in the euro. The dollar remains at risk of further declines due to U.S. policy risks, slowing economic momentum, and fragile investor confidence. The dollar needs significantly improved economic data to regain support. Until this happens, the euro will continue to rise against the dollar.
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