mardi 10 mars 2015

Forex Trading : EUR / USD is still in a bearish levels near 1.0750


Forex Trading : The European currency extended their decline on Tuesday, with a low pair EUR / USD to 1.0750 / 40 area, a level last seen in September 2003.

EUR / USD is looking forward to Greece

The pair remained confined in negative territory, rebounding for the third consecutive week after he arrived to February peaks in the 1.1530 area. Strong movement of the dollar will continue to be the main driver of the decline in the euro despite the recent re-emergence of Greek tensions, which also cooperates with the negative side.

No significant data from the euro zone there, as the headlines Greek and Eurogroup meeting steal the spotlight today. On the other side of the ocean, the business confidence index by NFIB will be the main event.