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EURO/USD: Greece is putting pressure on Euro again
The pair EUR/USD is traded downward at the Forex currency market on Wednesday morning, because investors are still apprehensive of the situation in Greece.
By 9.20 Moscow time the Euro is at 1.4420 against yesterday’s closing level of 1.4440.
Yesterday, EU Finance Ministers failed to fully agree on a new plan to support Greece, as a result one more meeting is scheduled for 19 June. Disagreements are observed between positions of Germany and ECB.
Additional tension is created by the fact that there will be a meeting on 17 June in Berlin, where Greek issue is going to be discussed as well.
A lot of statistics on Eurozone will be released today; the U.S. data will become known in the afternoon; therefore this will keep market in suspense.
Most likely the pair EUR/USD will not go beyond the range of 1.4380-1.4490 at the trading session on Wednesday.