Euro falls to fresh lows on the day ...Middle East

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Euro falls to fresh lows on the day
source : forex live ( Middle East ) () 34
The pressure is back on the euro now as traders are rebuffing expectations for a rate cut by the ECB in October. That comes after Rehn was out saying that the scale is tipping towards that now, at least in his view. It's the first sign of any ECB policymaker confirming the recent shift in market pricing.EUR/USD is down and while that also is in part due to the dollar keeping steadier, the euro is not finding much cheer elsewhere. EUR/JPY is down 0.3% to 159.40 levels and EUR/CHF down 0.2% to 0.9393. Both are also trading to fresh session lows currently.In the case of EUR/USD, there are large option expiries at 1.1100 that could anchor price action a little.But from a technical perspective, t

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