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EUR/USD: EURO is being moderately corrected after growth at the beginning of the week
The pair EUR/USD is traded slightly downward at the Forex currency market on Tuesday morning after steady growth yesterday.
By 9.15 Moscow time the Euro is at 1.4275 against closing level of Friday at 1.4285.Market’s expectations are positive - today and tomorrow players will wait for approval of the bill on the budget reduction by Greek parliament, proposed by IMF and EU.
Athens has no other options and voting is going to be emotional.However the U.S. statistics is scheduled for the release this afternoon, can change balance of forces in the currency pair.In general, external background continues to dictate directions to the marketMost likely the pair EUR/USD will not go beyond the range of 1.4200-1.4350 at the trading session on Tuesday.