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fxJun 30, 2026, 4:07 AM

EUR/USD Extends Intraday Descent Below 1.1400 as USD Firms

The EUR/USD pair fell below 1.1400 during Asian trading on Tuesday, snapping a three-day winning streak and stalling its recovery from the lowest level since May 2025.

EURUSD

The EUR/USD pair attracted sellers during the Asian session on Tuesday, continuing its intraday decline below the 1.1400 mark. This move snapped a three-day winning streak and paused the recent recovery from the lowest level since May 2025. The firming of the US dollar is cited as a key driver behind the pair's weakness.

Traders are likely monitoring further USD strength for additional downside in EUR/USD. The pair's near-term outlook remains bearish as it struggles to hold above the 1.1400 handle.

Source: FXStreet Forex News