During Friday, November 29, the US Dollar depreciated 47 pips or 0.43% against the European Common Currency.
According to news, the Greenback dropped as the US released regulatory guidelines for the US telecom networks to protect them from national security threats.
However, it is likely that the given decline occurred due to the news that more NATO allies agreed to spend 2% of their economic output on defense by 2024. Defense spending are expected to increase by a cumulative $400B.