EUR/USD loses toehold, slides with risk aversion

EUR/USD tried to buck the risk aversion trend, and did so valiantly for a time, but sliding gold, oil and emerging markets (not to mention my 401K) are all conspiring to undermine that bid as the dollar provides its safe-haven role.

EUR/USD fell quickly to 1.4085 before finding its footing. It trades now just below 1.4100.

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