Advertisement
Last Articles
- FOREX Brokers - Interbank Market
- Forex Misconceptions
- Structure of the Forex Market
- Tricks Of The Successful Forex Trader
Last News
EUR/USD: Euro have found another ground to decline
The pair EUR/USD is traded downward at the Forex currency marketon Monday morning responding to the developments of the external background.
By 9.20 Moscow time the Euro is at 1.3004against closing level of 1.3036 on Friday.
The reason for sales turned up from twodirections: first of all rating agencies again paid attention on the situationin Eurozone. Thus, agency Fitch downgraded rating forecast of France to"negative" from "stable" giving warnings aboutpossibility of a similar scenario for Belgium, Spain, Italy, Slovenia and anumber of other countries, which rating is already at revision.
In addition, it became known this week aboutthe death of the head of DPRK Chim Chen Ira; market avoids risks presently,due to some uncertainty in the future policy of North Korea. In response tothis information South Korean Joint Chiefs of Staff stepped up combat readinessparticularly on the border with North Korea.
The day is going to be quiet in terms ofmacro-statistics, as well, this will be a week before Christmas for Catholiccountries.
Most likely the pair EUR/USD will not gobeyond the range of 1.2980-1.3090 at the trading session on Monday.