BREAKING: EUR/USD TOPS 1.0900 FOR FIRST TIME SINCE LAST APRIL

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  • EUR/USD buyers are on a roll at the start of the week.
  • Hawkish ECB commentary boosts the Euro bulls, US Dollar falls.
  • Holiday-thinned light trading could exaggerate the moves.

The Euro is keeping the upper hand against the US Dollar at the start of the week on Monday, as EUR/USD is rising above the 1.0900 level for the first time since April 2022. The currency pair is under intense buying pressure, courtesy of the hawkish comments from the European Central Bank (ECB) policymakers over the weekend.

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