Advertisement
Last Articles
- FOREX Brokers - Interbank Market
- Forex Misconceptions
- Structure of the Forex Market
- Tricks Of The Successful Forex Trader
Last News
EURO/USD: EURO continues to grow steadily
The pair EUR/USD is traded upward at the Forex currency market on Friday morning, completing this week with the increase for the first time on four weeks.
By 9.25 Moscow time the Euro is at 1.4516 against yesterday’s closing level at 1.4501.Markets continue to take advantage of the positive moment associated with the adoption of the five-year plan to reduce budget expenditures by Greece.
The plan had been earlier recommended by IMF and EU. In the coming weekend EU Finance Ministers will meet again to draw conclusions and make decisions on the allocation of a new tranche to Athens.
The release of ISM Manufacturing index is scheduled for this afternoon, which is expected to decline in June, and this is also a supportive factor for the major pair.Most likely the pair EUR/USD will not go beyond the range of 1.4450-1.4540 at the trading session on Friday.
[More]