Friday, 18 January 2013

EUR/USD pushes lower on downbeat U.S. data

The euro pushed lower against the U.S. dollar on Friday, as downbeat U.S. consumer sentiment data added to concerns over the strength of the country's economic recovery, while U.S. debt worries persisted. 

EUR/USD hit 1.3270 during U.S. morning trade, the session low; the pair subsequently consolidated at 1.3302, shedding 0.55%. 

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