EUR/USD trades below 1.2800 for first time since July 2013

The EUR/USD completed its 1.2800 break just a few minutes ago following a 75-pip decline from 1.2860 to trade at 1.2785, lowest since July 2013.
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United States New Home Sales (MoM) came in at 0.504M, above forecasts (0.43M) in August

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