mardi 21 avril 2015

Forex Trading : Euro falls against the dollar amid concern Greece crisis

Forex Trading : The euro fell against the dollar for the second straight session during Tuesday's trading as concerns about the failure to reach an agreement on economic reforms to get the bailout money between Greece and its creditors, which is heavier on sentiment.It has dropped the EUR / USD to score from 14.0736 1.0672 recorded on Monday evening.Athens did not reach an agreement with its partners in the eurozone and the International Monetary Fund about the necessary to get the money to save the economic reforms, sparking fears that Greece may be forced out of the euro zone.During the later of the day investors awaited the release of the ZEW index of German economic sentiment report, after reading the last few months have shown improvement.The euro was also lower against the yen, with EUR / JPY shedding 0.34% to hit 127.54.The dollar remained firmer after falling against other major currencies last week when he led a series of weak economic data for investors to exclude expectations about the timing of a rate hike by the Federal Reserve Board.Dollar / yen rose by 0.25% to hit 119.48, away from the lows of the day on Monday by 118.52.The dollar index, which measures the strength of the dollar against a basket of six major currencies, was up 0.42% to hit 98.56.