The euro extended losses against the US dollar, trading in proximity to its lowest point during Monday trade, as the greenback received support on optimism about the series of data, scheduled for release later this week out of the United States.
EUR/USD slid to a session low at 1.3278 at 12:21 GMT, the lowest point since August 7th, after which consolidation followed at 1.3293. Support was likely to be received at August 5th low, 1.3245, while resistance was to be met at current session high, 1.3345.
At the same time, GBP/USD reached its lowest level today at 1.5461 at 14:00 GMT, also the lowest point since August 7th, after which the pair consolidated at 1.5470, down by 0.26% for the day. Support was expected at the psychological level of 1.5400, while resistance was to be seen at August 9th high, 1.5557.
Elsewhere, the euro was losing ground against the sterling, with EUR/GBP cross down by 0.13% to trade at 0.8595 at 14:46 GMT. Additionally, the euro was unchanged against the Japanese yen, with EUR/JPY trading at 128.39 at 14:48 GMT. Ultimately, GBP/JPY pair was on positive territory, up by 0.11% for the day, to trade at 149.38 at 14:49 GMT.
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