By Sam Boughedda
Investing.com — The fell to a brand new low for 2021 on Tuesday, pushing under the prior yr to this point low of 1.1529, which was made on Wednesday final week.
Worth fell to 1.1524 earlier within the session earlier than retracing to the place it’s now buying and selling at 1.1531, which means it’s down 5.6% because the begin of January.
The pair has continued to say no since reaching highs of 1.1909 initially of September. The transfer has come regardless of a blended day for the towards different main currencies.
The greenback, which has seen a pullback in current weeks, gained one other 0.15% towards the USD earlier at the moment, and the is flat for the day, regardless of makes an attempt to interrupt out in each instructions. Nevertheless, the and have rallied increased.
Ought to the EURUSD proceed to fall, a stage to look at can be 1.1495. Nevertheless, worth has already pulled again above final week’s lows after at the moment’s down transfer.
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