Euro slupmed against the US Dollar to a two-year low

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Source: CNN
The Euro has lost in value against the greenback, trading at USD 1.23 on Friday and depreciating by 0.9%. On July 5 the ECB lowered the interest rates to 0.75% and there has been a relatively few new jobs created in June in the U.S.A. - only 80K, thus spurring demand for a safe haven currency.
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