The euro continued its downtrend against most major rivals in early European deals on Tuesday.
The euro reached as low as 1.3482 against the greenback, heading towards yesterday's lowest level since September 18.
The euro fell to 0.8442 against the pound, a level unseen since October 18.
The euro dipped to 132.38 against the yen for the first time since October 10.
The euro may face support around 131.5 against the yen, 0.835 against the pound and 1.33 against the greenback.
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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.