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The pair EUR/USD has declined at the Forex currency market on Friday as soon as new information on the weak countries of Eurozone became known.

By 9.30 Moscow time the Euro is at 1.4296 against yesterday’s closing level of 1.4332.

As it was made public today, rating agency Moody's has forwarded rating of Spain, that is now at the level of AA2 for review with possibility of further downgrade. This fact has intensified sales on the Euro.

Meanwhile, in the U.S. there is no progress in the issue of increasing limits of the public debts. Yesterday, House of representatives of the Congress should have voted on the budget expenditure cuts bill, proposed earlier by a speaker, a republican, Beyner, however voting did not take place and was postponed for a later time. Parties are still unable to reach consensus, although there is almost no time left before 2 August.

The day is going to be eventful in terms of statistics today; tonight investors will await publication on the U.S. GDP in Q2.

Most likely the pair EUR/USD will not go beyond the range of 1.4200-1.4350 at the trading session on Friday.

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