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

EUR/USD Finishes Lower for the Second Day

M. Ali 8 September, 2021 2:31 am Forex Market, Market Update

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.

Tags

Check Also

Gold Defies Strong Dollar as Middle East Tensions and Rate Cut Hopes Fuel Demand

Gold remained steady above $5,170 as heightened tensions in the Middle East sustained investor demand …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends