EUR/USD PIERCES 1.06, FINDS LOWEST BIDS IN A YEAR
EUR/USD PIERCES 1.06, FINDS LOWEST BIDS IN A YEAR
The pair lost a third of a percent on Tuesday, marking a third consecutive losing day.
New Low: EUR/USD briefly dropped below 1.0600, hitting its lowest level in a year.
The pair has been on a seven-week decline from highs above 1.1200 in September.
US CPI inflation data on Wednesday could add further volatility.
Euro traders are watching Thursday’s EU GDP update, expected at 0.4% QoQ and 0.9% YoY.
