EUR/USD Exchange Rate Sold amid Worsening Coronavirus Infections
EUR/USD Exchange Rate Sees One of its Biggest Weekly Losses in Months The Euro to US Dollar (EUR/USD) exchange rate tumbled over the past week. Investors have been looking for safer currencies like the US Dollar (USD) again, as expectations for a global economic rebound are tempered slightly. Since opening this week at the level of 1.2222, EUR/USD has been trending with a downside bias. Yesterday, EUR/USD touched on a low of 1.2112 – the worst level for the pair in a month. While EUR/USD is away from those lows a little, the pair still trends low in the region of 1.2122 at the time of...
Source: euroexchangeratenews.co.uk