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EUR/USD: Euro goes down again due to fears about Greece
The pair EUR/USD is traded downward at the Forex currency market on Wednesday morning, which is caused by the resumed talk about potential default in Greece.
By 9.00 MSK the Euro is at 1.3645 against yesterday’s closing level of 1.3677.
Authorities of Germany and France are going to make another attempt to convince markets that Athens will not declare a default in the coming weeks; a teleconference will be held this afternoon where Prime Minister of Greece Mr. Papandreou will take part. It is assumed that the parties will express their readiness to fight against Greek problems all together.
Meanwhile, investors’ confidence in the Eurozone continues to decline.
Most likely the pair EUR/USD will not go out of the range of 1.3580-1.3690 at the trading session on Wednesday.
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