EUR/USD: Euro continues to grow despite new gloomy forecasts

The pair EUR/USD continues to grow at the Forex currency market on Friday morning; regaining from the negative statement from ICF, investors are purchasing the Euro again amid stable external background and positive statistics from Germany.

By 10.25 Moscow time the Euro is at 1.3385 against closing session level of 1.3364 yesterday.

Yesterday representatives of the International Currency Fund stated that it is too early for Europe to chill out and forget about problems of peripheral countries of Eurozone  - regional problems are still remain a burning issue. 

It also became known today that the Bank of Ireland may announce new measures to support financial sector of the country during the day – if market will be disappointed with equivalence of support measures, it can become a starting point for correction for the Euro and after that a full- scale sale. 

Most likely the pair EUR/USD will be in the range of 1.3270-1.3430 at the trading session on Friday.

 

 

 

 

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