Day: January 8, 2018

EUR/USD Drops to New Lows Despite Positive Eurozone Data

The EUR/USD currency pair today declined to new lows below the crucial 1.2000 psychological level and was on a track to book the second consecutive losing session this year. The currency pair’s decline was largely triggered by the goodish recovery in the US dollar as investors ignored Friday’s disappointing US jobs data. The EUR/USD currency pair lost over 80 points from a session high of 1.2052 to hit a low of 1.1967 in the early American session. […]