• The shared currency is trading below 1.0300, accelerating towards the 1.0250 area.
  • The EUR/USD nose-dived to a fresh 20-year-low at 1.0246 as the market asses parity’s chances.
  • EU S&P Global Services and composite PMIs, decelerated sharply as Natural gas higher prices struck the Eurozone.

The EUR/USD plummets to fresh twenty-year-lows, below the 1.0350 previous low printed on May 13, accelerating towards the 1.0250s region courtesy of a stronger US dollar. At 1.0256, the EUR/USD loses almost 1.60% during the day.