EUR/USD: Euro started this week with steady growth

The pair EUR/USD is growing on Monday morning amid positive factor from Ireland which will receive assistance from European Union, IMF and ECB.
By 9.05 Moscow time the Euro is at 1.3751 against closing session level of 1.3685 on Friday.

It became known at the weekend that Ireland made an formal request for financial help and the request was approved. The country will receive aid
package in the amount of 80-90 billion euro, exact conditions yet to be agreed. Due the fact that solution has been found for such a pressing problem the Euro began to grow steadily at the beginning of the week. Meanwhile the country expected assistance amounting to 100 billion euro (formerly Greece received 110 billion euro).

Macro-economic calendar for today is not eventful therefore market will regain external background. Most likely the pair UR/USD will not go beyond the range of 1.3680-1.3790 on Monday trading session.

[More]