Forex - EURUSD eases down, breaking below 1.29

Forex Pros – The euro eased down from a 10-week high against the U.S. dollar on Monday, breaking below 1.29, ahead of the release of two key reports on the U.S. housing sector.

EUR/USD hit 1.2892 during European afternoon trade, a fresh daily low, shedding 0.29% after falling from 1.3025, the pair's highest since May 10.

The pair was likely to find support at 1.2708, the low of July 15 and