The European common currency extended its recent downtrend against most major currencies in early New York trading on Monday.

The euro slipped to 1.3121 against the greenback by 9:55 am ET, the lowest mark since March 18. The euro-buck pair is now trading at 1.3135.

The euro also eased to 0.9280 against the pound and 1.5132 versus the Swiss franc by this time and is currently quoted at 0.9283 and 1.5143, respectively.

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