EUR/USD falls below 1.09

Fresh lows on the day.

The US dollar caught a bid after a higher yield at the 7-year auction at the top of the hour. The dollar strength is most-exaggerated against the euro.

EUR/USD quickly spilled to 1.0893 from 1.0921 in the past few minutes. There is talk about bids extending down to 1.0880.

Featured Videos