Euro dollar is now trading in a lower range, close to critical support, as Spain and Italy suffer in the bond markets. The euro also suffers from risk averse trade, as all signs point to a significant slowdown. Will it break to lower ground? Or recover from here?
Here’s a quick update on technicals, fundamentals and what’s going on in the markets.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-aug-2-falling-to-low-support-as-spain-and-italy-are-beaten/"]EUR/USD Falling to Low Support as Spain and Italy Are Beaten[/URL][/I][/B]
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