The European currency falls to new lows against the US dollar, with a daily depreciation of 0.35%. The exchange rate has broken below the 1.2 level, representing a significant move in global currency markets. According to data from ChainCatcher, this decline reflects current pressures in the foreign exchange sector, affecting both investors and companies exposed to both currencies. The euro's decline continues to be a key indicator to watch in international financial volatility.
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The European currency falls to new lows against the US dollar, with a daily depreciation of 0.35%. The exchange rate has broken below the 1.2 level, representing a significant move in global currency markets. According to data from ChainCatcher, this decline reflects current pressures in the foreign exchange sector, affecting both investors and companies exposed to both currencies. The euro's decline continues to be a key indicator to watch in international financial volatility.