Euro lower on Spanish, Italian data

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AP
On Friday, the 17-nation currency was traded lower versus the U.S. counterpart, following a release of disappointing data on manufacturing activity in Italy and Spain. EUR/USD hit a session low of 1.2889 and later consolidated at 1.2893, losing 0.37% for the European morning trade. The pair's support was likely to be at 1.2824, whereas resistance could be at 1.2982.
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