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29 Dec 2014
EUR/USD drops to fresh 2014 lows
FXStreet (Córdoba) - EUR/USD accelerated the decline during the last hour and dropped to 1.2142, reaching the lowest level since July 2012.
The pair holds near the lows under pressure as the US dollar gains momentum across the board, while stocks in Wall Street trade with modest gains. Crude oil is plummeting and hit a fresh multi-year low at $53.00 a barrel.
EUR/USD eyes 2012 lows again
The pair accelerated the decline after breaking below 1.2160 where previous lows lie. Now the euro is closer to 2012 lows that lie at 1.2040; if ii breaks lower it would be trading at 4-year lows.
The pair holds near the lows under pressure as the US dollar gains momentum across the board, while stocks in Wall Street trade with modest gains. Crude oil is plummeting and hit a fresh multi-year low at $53.00 a barrel.
EUR/USD eyes 2012 lows again
The pair accelerated the decline after breaking below 1.2160 where previous lows lie. Now the euro is closer to 2012 lows that lie at 1.2040; if ii breaks lower it would be trading at 4-year lows.