Euro reaches nine-month low against the US Dollar

Source: Investing.com
© Scanpix/Reuters
The Euro reached its lowest level in nine months against the Greenback on Tuesday as the service sector data for the Euro zone did not convince in robustness of its economy. Even though the services PMI for the whole union was above expectations, Italy's data disappointed. Furthermore, US positive service sector number also weighed on the EUR/USD pair.
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