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28.07.2026 12:25 AM
Silence is golden, but not for the currency market. The silence of new Federal Reserve Chair Kevin Warsh ahead of the July meeting keeps EUR/USD on edge.The US dollar had its best week in a month, but the de-escalation of the Middle East conflict caused the greenback to retreat from local highs. Nevertheless, according to CFTC data, speculative traders have pushed their bullish bets on the US currency to $43.3 billion – the highest level since 2015.Dynamics of Speculative Positions
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