The euro has been extending its decline against the U.S. dollar in late Asian deals on Monday. The pair broke 1.210 level for the first time since June 11, 2010 and is currently trading at 1.2095. If the euro weakens further, it will break the 1.200 level.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.