Euro Weakened, But Not a Clear Solution To Bailout Greece

In currency trading the Asian session today (18-02), look euro currency U.S. Dollar is still depressed since early this morning. Pair EUR / USD is now moving in the range of 1.3573.

Seems not yet produced a solution that EU (European Union) to address Greek bailout so far, has made investors quite pessimistic about the euro.

468x60cbf Euro Weakened, But Not a Clear Solution To Bailout Greece 468x60 forex 1 Euro Weakened, But Not a Clear Solution To Bailout Greece

While from the U.S. Dollar, the FOMC Minutes report from early this morning showed that the Fed intends to attract some stimulusnya. This gives a positive signal against the U.S. Dollar and indicate that the increase in the fed funds rate is getting closer apparently. 1,3850-1,4000 rebound into the area is still possible, but the trend euro remains strong bearish againts the U.S. dollar.

EUR / USD likely to weaken to as low as 1.3460 if support through the 1.3535 level. The strengthening euro may occur if past resistance at 1.3660 level to the 1.3740 level.

 Euro Weakened, But Not a Clear Solution To Bailout Greece
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