The euro fell sharply today amid concerns about weak inflation and slower corporate borrowing, raising questions about the euro zone's economic growth momentum. After the EURUSD hit its highest level in almost a month and a half at 1.2475, it fell to its lowest level since yesterday at 1.2371.
The comments of a member of the ECB also contributed to that decline after indicating that inflation may remain below expectations despite strong growth.
On the other hand, the Japanese Yen fell as worries about the trade war fell, with the USDJPY continuing to rise since yesterday's trading from its lowest level since November 6, 2016 at 104.62 to 105.90 currently.
Also, sterling fell from a 2-month high of 1.4244, following a strong week after Britain secured the transition deal after its leaving the European Union, currently trading at the lowest level since the beginning of this week at 1.4115.
