Breaking: EUR/USD crashes under 1.21, lowest in four weeks on dollar strength

Greenback comeback

-- more to come

EUR/USD hits four-week lows under 1.2100 as the US dollar strengthens

The EUR/USD dropped further and reached at 1.2099, the lowest level since May 14. So far it is holding above 1.2100 but remains under pressure as the
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US: NY Fed's GDP Nowcast declines to 4.2% for Q2 after this week's data

The US economy is expected to grow by 4.2% and 5.3% in the second and the third quarter of 2021, respectively, the Federal Reserve Bank of New York's
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