EUR/USD: Euro has reached local lows

At the Forex currency market the pair EUR/USD is traded downward on Friday morning continuing to slide down under influence of external negative news.

By 9.00 MSK the Euro is at 1.2772 against yesterday'sclosing level of 1.2793.

Investors are pending negative news: a lot of macro-economic information is scheduled for publication today including the data on theemployment market in the US and Eurozone, which is expected to be weak. 

France had sold out almost all bonds planned for placement,although it did not make market too anxious.

Therefore, statistics has all chances to add black colours to the market in the end of the week.

Most likely the pair EUR/USD will not gobeyond the range of 1.2720-1.2830 at the trading session on Friday.

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