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EUR/USD Gives Up Month-High

M. Ali 22 October, 2020 11:35 pm Forex Market, Market Update

The Euro (EUR) is declining against the US Dollar (USD) on Thursday, after finishing Wednesday at its highest level in about a month at 1.1861.

The EUR/USD is down by 0.36% at 1.1818, after levelling down earlier as low as 1.1812.

The pair’s decline comes amid a recovery by the USD, in anticipation for a new stimulus package.

The USD is shrugging its decline yesterday to its lowest level in about seven weeks, rising across the board.

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