Investing.com – The euro extended its decline against the U.S. dollar on Tuesday, slipping back toward a 9-month low ahead of the release of key data on inflation in the euro zone.
EUR/USD hit 1.3505 shortly before the European trading session, a daily low; it subsequently consolidated around 1.3524, shedding 0.237%.
The pair was likely to find resistance at 1.3691, last Tuesday's high, and support at 1.3445, the low of Feb. 19 and a 9-month low.
The single European currency was, however, almost flat against the yen, with EUR/JPY slipping 0.02% to hit 120.83.
Later Tuesday, the European Union's statistics agency, Eurostat, was set to publish its annual Consumer Price Index and monthly Producer Price Index, both key inflationary indicators.