Forex Zone (Forex Zone)
Czech markets  |  June 03, 2011 12:38:34

Today ceasefire to 14:30

Euro last two weeks clearly strengthens against the U.S. dollar. Following reports on the second financial aid to Greece have eased tensions in the region and this is reflected in the trade with the euro, which fell to 1.4500 resistance level is important. Also to strengthen the euro against the dollar Thursday's report helped to Moody's, the United States could go through the revision rating and its reduction in the event that the end of July legislators do not make progress in negotiations to increase the federal debt ceiling and likeness of the U.S. budget.

Trading EUR / USD is currently consolidating just below 1.4500. We expect sideways movement will continue until publication of the key macrodata Employment in U.S. (14:30 GMT). Unemployment U.S. economy is doing great wrinkles. On Wednesday, after the publication ...

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