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EUR/USD: Euro is alarmed by debt problems again
The pair EUR/USD goes down moderately at the Forex currency market on Wednesday morning because investors are concerned about possible complications in resolving problems of Eurozone.
By 9.30 MSK the Euro is at 1.3638 against yesterday’s closing level of 1.3639.
Yesterday parliament of Slovakia voted against expansion of the European Financial Stability Fund (EFSF), since if the plan is adopted, country will have to invest a few billion EUR.
It is not excluded that another vote will take place before the end of this week.
Markets attention today will be focused on the daily data on Eurozone.
Most likely the pair EUR/USD will not go beyond the range of 1.3600-1.3690 at the trading session on Wednesday.
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