EUR/USD: Euro was given hope

The pair EUR/USD is traded slightly upward at the Forex currency market on Wednesday morning after the fall yesterday.

By 9.50 MSK the Euro is at 1.3714 against yesterday’s closing level of 1.3713.

Europe tries to minimize aftereffects of Greek statement. A special meeting of the leaders of European countries at the summit G20 will start today. Heads of ECB, IMF, Germany and France together with prime-minister of Greece Papandreou will discuss alternate solutions.

A two-day meeting of the U.S. Federal reserve will finish today and outcome of this meeting should be of interest.

Most likely the pair EUR/USD will not go beyond the range of 1.3680-1.3780 at the trading session on Wednesday.