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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.

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