Euro/USD: Euro is sold due to the Japanese news
The pair EUR/USD is traded downward at the Forex currency market on Tuesday amid investors’ risk aversion after a new series of tremors in Japan.
By 9.20 Moscow time the Euro is at 1.4398 against closing session level of 1.4435 yesterday.
In addition on Tuesday morning Japan reported an increased level of risk up to 7 at the nuclear power plant “Fukusima-1”, “Chernubul” which is the maximum against the previous level 5, which has also intensified investors’ risk aversion.
Today in the afternoon investors expect the U.S. data on import prices and foreign trade balance.
Most likely the pair EUR/USD will not go beyond the range of 1.4300-1.4420 at the trading session on Tuesday.
