The euro EURUSD, +0.27% hit as low as $1.1304 -- close to its 11-year low -- before stabilizing at $1.1354 around 0540 GMT. That was weaker than $1.1391 late
The euro rose against the U.S. dollar Monday as European officials held crucial talks aimed at resolving Greece’s standoff with its international creditors.The dollar USDJPY, +0.05% was down to ¥118.44, compared with ¥118.78 late Friday in New York.
those who stood short #EURUSD and long #US #Dollar your day came today on a seasonal date..... gota love those seasonal date when they work they work good...
The dollar shrugged off a slate of weak economic data Monday to trade higher against the euro, yen and pound, benefiting from a surprise rate cut from the People’s Bank of China.The ICE U.S. Dollar Index, a measure of the greenback’s strength against a trade-weighted basket of six rival currencies, DXY, -0.17% rose 0.2% to 95.47.