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EUR/USD reaches new two-year low

In Asian trading early on Monday morning, EUR/USD fell to a 26-month low of 1.2441

By Richard Nehme | Nov. 4, 2014 11:00 GMT
Euro continues to benefit from weaker USD
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International News

In Asian trading early on Monday morning, EUR/USD fell to a 26-month low of 1.2441. The pair rose as the European markets opened to trade around the 1.25 mark for the majority of the day, before dropping in the afternoon to 1.2479 as impressive US ISM Manufacturing PMI figures released at 59.0 against a forecast 56.5 boosted demand for the US dollar [...]

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