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EUR/USD: Euro “fans” need solid proofs of stability
The pair EUR/USD is traded slightly downward at the Forex currency market on Friday – investors are waiting for stronger signals of world economy’s stabilization.
By 9.30 MSK the Euro is at 1.3553 against yesterday’s closing level of 1.3597.
Thus, in spite of yesterday’s EFSF program enlarging approval and positive statistics from the USA, investors are waiting for more serious signs of improving of the world economy and loss of market risks.
Such news may come from positive Greece decision, but it will hardly be taken today.
Most likely the pair EUR/USD will not go beyond the range of 1.3510-1.3620 at the trading session on Friday.