FXstreet.com (Jakarta) - The Euro (EUR) fell sharply after failing to get above 1.3400 against the USD. Losses were widespread with most currencies gaining against the single currency. EUR/GBP tested 0.9000 as the GBP remained resilient.

Weighing in Europe was the revision of Q4 GDP to -1.6% vs. -1.5% forecast. Overall the EUR/USD traded with a low of 1.3229 and a high of 1.3396 before closing at 1.3270, said Easy Forex Team.