EUR/USD Current price: 1.2482 View Live Chart for the EUR/USD Dollar trades lower against all of its major rivals this Monday, weighted by a recovery in commodities as both, gold and oil bounced from record lows. Dollar general weakness overlaps worse than expected European data, with local PMI readings missing expectations: EZ manufacturing reading was down to 50.1, German printed 49.5 and Italy and France ones resulted both below 50, signaling further economic contraction in the area.
Reported by FXstreet.com 12 minutes ago.
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