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EUR/USD: Euro is disposed pessimistically
At the Forex currency market the pair EUR/USD is traded with minimal increase on Tuesday morning.
By 9.30 Moscow time the Euro is at 1.3006 against yesterday's closing level of 1.2994.
In general, external background is stable; it became known yesterday that countries of European Union approved allocation of150 billion euro, there by strengthening anti-crisis fund. Great Britain is still aloof, stating that its final position on the issue will be voiced in2012. Four countries, which are not included in the European zone, also promised to participate in building up reserves of IMF.
However the growth is contained by expectations of Spanish auction today.
Most likely the pair EUR/USD will not gobeyond the range of 1.2970-1.3050 at the trading session on Tuesday.