EUR/USD depreciates to near 1.0500 as US Dollar strengthens, supported by rising yields

EUR/USD retraces its recent gains registered in the previous session, trading around 1.0500 during the Asian hours on Wednesday.
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Singapore Industrial Production (MoM) above forecasts (-3.4%) in January: Actual (4.5%)

Singapore Industrial Production (MoM) above forecasts (-3.4%) in January: Actual (4.5%)
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