As the U.S. markets stayed closed on Memorial Day, the global futures and currency markets continued to trade -- and on them, the Euro hit a lower low for 2018. At 1.164 while I'm writing, it has not hit a lower price than this all year. FinViz.comThe last time the Euro dropped to this level was November, 2017. It may be that the possibility of new elections in Italy have affected the currency -- a new government may want less involvement. As all markets are interconnected, it may have something to do with the drop in the price of oil and that European stock markets are off today as well.

Source: Forbes May 28, 2018 16:18 UTC