Market Leader informed
The Euro is trading today in the range of 1.3130-1.3180.
Investors are gradually preparing for Christmas and the calm is coming to markets. No sharp moves were seen early during the trading day on Monday with the dollar stabilizing across the entire spectrum of the market. The Euro remains under pressure because EU countries leaders failed to adopt any fundamental measures last week.
The increasingly stronger geopolitical tension in the Korean Peninsular intensifies pressures on the Euro in the context of the tendency for giving up risky assets. So the Euro/US dollar could be expected to break new lows this week.
Analytical data provided by traders of the Market Sentiment Analysis Department within the Masterforex-V Academy
Source: Market Leader
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