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EUR/USD: Euro moved down due to outstanding Greek issue
The pair EUR/USD is traded downward at the Forex currency market on Monday morning.
By 9.25 MSK the Euro is at 1.3084 against closing level of 1.3145 on Friday.
Investors are frustrated with the lack of dynamics in the talks between Greece and creditors. There has not been any factual outcome of discussions with private capital about writing off part of the debt.
In addition, auction of France will take place at the beginning of the week. The country is ready of offer to the market government bonds for the amount of 8.5 billion euro. Any boom of negative factors will enable yield growth, which will adversely affect general sentiments of players.
Meanwhile, the market is still focused on the Greek issue.
Most likely, the pair EUR/USD will not go beyond the range of 1.3025-1.3120 at the trading session on Monday .