Home / Market Update / Forex Market / EUR/USD Finishes Lower for the Second Day

EUR/USD Finishes Lower for the Second Day

The Euro (EUR) declined on Monday against the rising U.S. Dollar (USD), for the second consecutive session.

The EUR/USD pair lost 0.24% to reach 1.1843.

The pair marked its worst daily performance since August 19, a day after its first loss since August 26.

It is worth noting that the greenback is showing strength across the board, with expectations that a tapering move by the Federal Reserve may require a longer time than previously expected.

Check Also

Gold Prices Hold Steady Amid U.S. Fiscal and Trade Uncertainties

1. Gold Prices Maintain Gains Amid U.S. Fiscal and Trade UncertaintyGold prices held steady in …