Home / Market Update / Forex Market / EUR/USD Declines for Second Day in Row

EUR/USD Declines for Second Day in Row

The Euro (EUR) declined on Tuesday as the U.S. Dollar (USD) rose across the board with Treasury bond yields rebounding ahead of the jobs data.

The EUR/USD pair lost 0.21% to reach 1.1899, its biggest loss and lowest level since June 18.

This is the second consecutive daily loss for the EUR/USD, which fell by about 0.33% since the beginning of the week.

Month-to-date, the pair is down by 2.68%.

Check Also

Market Drivers – US Session: Focus Shifts to Canada’s Inflation

Recent movements in the forex world highlight a period of heightened caution and strategic positioning …