Investing.com - The Euro was lower against the U.S. Dollar on Monday after the release of U.S. data on Chicago PMI.
EUR/USD was trading at 1.3859, down 2.05% at time of writing.
The pair was likely to find support at 1.3800, Wednesday’s low, and resistance at 1.4246, Thursday’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI fell more-than-expected to a seasonally adjusted 58.4 last month from 60.4 in the preceding month.
Analysts had expected the Chicago PMI to fall to 59.0 last month.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 1.82% to hit 0.8614 and EUR/JPY rising 0.99% to hit 108.35.
EUR/USD was trading at 1.3859, down 2.05% at time of writing.
The pair was likely to find support at 1.3800, Wednesday’s low, and resistance at 1.4246, Thursday’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI fell more-than-expected to a seasonally adjusted 58.4 last month from 60.4 in the preceding month.
Analysts had expected the Chicago PMI to fall to 59.0 last month.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 1.82% to hit 0.8614 and EUR/JPY rising 0.99% to hit 108.35.