EUR/USD falls to session lows underneath 1.0530

The downside pressure on the EUR/USD has now delivered a fresh session low, taking out the low seen yesterday, at 1.0532. The fall is mainly stemming from further EUR/GBP sales by the looks of it and also a relapse in the EUR/JPY, from an earlier high just above 160. The EUR/JPY is now falling back underneath 159.50. However, it seems like the EUR/GBP could be the main driver here, as that now tests the current 2024 low, at 0.8260. This was highlighted in the previous update and as you can see it is under further pressure and that is adding weight onto the EUR/USD, which is right now trading at 1.0527