Euro slumped, Greece feared Not Be Getting Help

In currency trading the Asian session today (25-02), the Euro currency was declining quite sharply against the U.S. Dollar. Pair EUR / USD is now moving in the range of 1.3450.

Greece to this day still very difficult to cut its budget deficit as demand EU (European Union). Confidence in the ability of Greek grim enough in the middle of a weak economy and political conditions that are less supportive, so there are fears that Greece will not get help.

It seems investors can not be fooled again, where before there was speculation that positive enough for the Greeks. But in reality, the situation in Greece was very worried, so the safe-haven currency once again be hunted. As long as there is no obvious solution to the problems of Greece, the Euro will continue to be depressed. Beware of rumors that provide positive sentiment, because this issue has dragged for a long time.

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