At the end of the week, the single European currency continued its downward trend, as EUR / USD currency pair lost 0.92%.
Today the trading day is full of economic data and is a kind volatile.
Last week was really successful and victorious for the US currency in all respects.
Yesterday, EUR / USD continued to trade under pressure, and today the pair has updated its annual minimum at $ 1.1760.
Unconvincing statistics from Europe and good figures on retail sales in the US predetermined yesterday the weakening of the European currency.
On Tuesday in the second half of the trading session, EUR / USD strengthened the decline amid the massive growth of the US currency, and the growth is quite curious.
As we expected for EUR / USD last week ended interestingly.
On Friday, the market did not receive important statistical information and the markets traded under influences of previous drivers and sessions.
Yesterday, the market ignored weak data on European inflation and strong report of the American regulator (Beige Book), despite the seemingly so negative background for the European currency, the pair EUR / USD continued to slightly gain. Yesterday's trading session the pair closed at 1.2374, the highs of the day are located in the zone of almost 1.24.