In European trading, the euro fell against the US Dollar, trading below the 1.0400 mark.
The pair has declined near a two year low following the news that the ECB is likely to perform more interest rate cuts than the FED in 2025. In Europe, with some markets closed and others closing early due to Christmas holidays there are no data releases today. In the US, New Home Sales for November (666k exp) will be released (15:00 GMT).