EURO/USD: EURO tries to regain from yesterday’s losses

The pair EUR/USD is traded slightly upward at the Forex currency market on Friday morning after yesterday’s sales.

By 9.15 Moscow time the Euro is at 1.4266 against yesterday’s closing level of 1.4255.Two-day EU summit, where Greek issue is being discussed, will finish today.

According to the new comments on the situation, which became known yesterday, Eurozone is prepared to provide funds to Athens only in exchange for new cost-saving measures.

The data on Germany, which is going to be released today, is expected to be weak. If forecast on index Ifo will come true, it will become the negative signal for the Euro.In addition, revised U.S. GDP in Q1 will be known today, which is also a risk factor for the major pair.Most likely the pair EUR/USD will not go beyond the range of 1.4180-1.4320 at the trading session on Friday.   

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