The US dollar has strengthened against the euro due to slowing growth momentum outside the US, with key economic indicators from China and the euro-zone showing signs of weakening. This has contributed to the USD's recent rebound.Key Points:USD Strengthening:Euro Weakness: The euro has weakened against the USD, approaching the 200-day moving average support level around 1.0820.Global Growth Concerns: Slowing growth momentum outside the US has provided support for the USD.China’s Economic Slowdown:Rate Cuts: Policymakers in China have cut rates, indicating concerns over meeting the government’s GDP target of around 5% for this year.GDP Growth: China’s GDP growth slowed to 4.7% in Q2, down fro
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