Euro/USD: Euro received significant support

The pair EUR/USD is traded upward at the Forex currency market on Tuesday; markets expect new positive solutions of Greek issues.

By 8.30 Moscow time the Euro is at 1.4381 against yesterday’s closing level of 1.4281.

Prime Minister of Luxembourg, Jean-Claude Junker said yesterday that European leaders would consider the issue of providing additional funds to Greece before the end of June. In addition, The Wall Street Journal said that Germany might soften its position towards Greece. It became a good support for the Euro.

Eurozone statistics will become known today. It will be the data on preliminary value of consumer price index in May and unemployment rate in April

A lot of American statistics will be released this afternoon.

Most likely the pair EUR/USD will not go beyond the range of1.4250-1.4430 at the trading session on Tuesday.

 

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