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EUR/USD: Euro is moderately recovering
The pair EUR/USD is traded slightly upward at the Forex currency market on Friday morning, continuing to make attempts to recover from the fall this week.
By 9.30 Moscow time the Euro is at 1.3024 against yesterday’s closing level of 1.3013.
The news, that European Central bank intends to study the issue of changing capital requirement for banks in order to avoid crisis in the system, continues to support market.
Yesterday’s U.S. statistics was quite good which also helps the recovery.
Most likely the pair EUR/USD will not go beyond the range of 1.2990-1.3090 at the trading session on Friday.
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