EUR/USD: Euro regains from yesterday’s losses
The EUR/USD is traded upward at the Forex currency market on Wednesday morning following sales last night.
By 8.20 Moscow time the Euro is at 1.3125 against closing session level of 1.3115 yesterday.
Sale of the Euro in the thin market yesterday was triggered by the reduction of the cross-rate of the Euro, which affected the rate of the EUR/USD. However, the fact that the Euro did not fall below 1.3100 indicates the weakness of the USD at the end of the year.
It is not excluded that in the nearest future the major pair will still test the level of 1.31.
Today is going to be another quiet trading day because macro-economic calendar is almost empty.
Most likely the pair EUR/USD will not go beyond the range of1.3090-1.3250 at the trading session on Wednesday.
