Home Breaking: EUR/USD tumbles to new 2021 low under 1.2050

Breaking: EUR/USD tumbles to new 2021 low under 1.2050

Updated: 2 Feb. 2021 | 11:22

EUR/USD has slipped below 1.2050, falling to the lowest levels since early December – a new 2021 trough. The common currency is struggling amid a slow vaccination drive in the old continent in comparison to the UK and the US. While Gross Domestic Product figures beat estimates, they still showed a squeeze of 0.7%.

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