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The current exchange rate for EUR/USD is 1.18. This rate impacts international trade by influencing the cost of Importing and Exporting goods between the Eurozone and the United States. A higher exchange rate means it is more expensive for US buyers to purchase goods from the Eurozone, while a lower exchange rate makes Eurozone goods more affordable for US buyers. This can affect the competitiveness of businesses in both regions and impact trade volumes.

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