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What Happened? Euro Just Dropped 50 Pips to Near the 1.19 Level

Posted on By rosered44

Update:  12:30 PM, 9/13/2017.  The rumor is the U.S. tax reform is near, which has sent the euro lower against the U.S. dollar.  Interesting.  The euro is now below the 1.19 mark against the U.S. dollar.

54762 Update:  12:30 PM, 9/13/2017.  The rumor is the U.S. tax reform is near, which has sent the euro lower against the U.S. dollar.  Interesting.  The euro is now below the 1.19 mark against the U.S. dollar.

I can’t seem to find what news has triggered the sudden drop.

54762 Update:  12:30 PM, 9/13/2017.  The rumor is the U.S. tax reform is near, which has sent the euro lower against the U.S. dollar.  Interesting.  The euro is now below the 1.19 mark against the U.S. dollar.

Euro has risen more than 1400 pips since April.  Maybe it does need a break unlike the U.S. stock market.

Forex

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