Breaking News: EUR/USD plummets to fresh 2018 lows near 1.1350

Eren Sengezer FXStreet

The EUR/USD pair came under a renewed selling pressure in the American trading hours and fell to its lowest level in 13-months at 1.1349. A strengthening greenback seems to be the primary catalyst behind this recent fall with the US Dollar Index, which tracks the greenback against a basket of six major currencies, advancing to the highest level of the year at 96.61. As of writing, the pair was trading at 1.1360, losing 0.45% on the day.

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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