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NEW YORK (Reuters) – The euro () fell below the $ 1.10 mark on Friday, reaching its lowest level since May 2017, as the single-currency downtrend on several days is over. 39; intensified.
Traders have had various explanations down, including a tweet from President Donald Trump in which he said that the euro was falling "like crazy" and deplored the strength of the US dollar, attributing this trend to the politics of the Federal Reserve.
Others argued that the move had occurred when traders had closed their accounts for the end of the month, thereby accentuating the existing bias.
The euro was trading for the last time at $ 1.0990 against the dollar, down 0.61% on the day.
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