Forex Trading : The currency pair EUR / USD continues to track losses, and further down to the lowest level in the new twelve-year-old in the middle of the European session where the US dollar still required strongly against all currencies amid quiet economic agenda for the day.
Decline in the currency pair EUR / USD from 1.0800 area
Trading the currency pair EUR / USD is now at its lowest level in twelve years at the 1.0772 area, recording a loss of -0.71% on the day. More from landing in the currency pair EUR / USD inside the red zone on the back of stronger US dollar on a large scale, as traders now expect increasingly to the bank, the Federal Reserve Fed has dropped the word patience in a meeting Open Market Committee Federal FOMC next week on March 18 , which paves the way for a rate hike in June or September of this year.