The euro stumbled to a 2-day low next to the pound on Monday, among the ambiguity before the meeting of euro zone finance ministers to converse a better debt safety net.

EUR/GBP hit 0.835 throughout the European morning trade, the pair’s lowest while Thursday; the pair afterward united at 0.8358, tumbling 0.9%.

The pair was possibly to get support at 0.8312, Thursday’s low and resistance at 0.8434, the day’s high.

European finance ministers were to congregate in Brussels later on Monday to converse an raise in the efficient lending capacity of the euro zone’s rescue fund, while a final decision may only be made at a European Council meeting in the early February.

The single currency as well as came under pressure following observations by the European Central Bank governing council member Athanasios Orphanides, who said the market’s response to the ECB’s statement on increase last week was inflated

Earlier in the day, the data showed that a drop in the number of new homes coming on the market helped U.K. property prices increase in January for the first time in three months.

Property website Right move about reported that house prices rose 0.3% in January, after waning by 0.3% in December.

The euro was also down next to the U.S. dollar, with EUR/USD tumbling 0.77% to hit 1.3283.

Also Monday, markets in the U.S. were to stay closed for the Martin Luther King Day holiday.