EUR/USD is making a sharp move lower. After losing a minor support line, the pair is now heading for a third attempt on a stronger line.
France is on the line for a downgrade from S&P and so are additional euro-zone countries.
Euro/dollar is currently at 1.2695. It dropped from the 1.2873 line earlier in the day and fell easily through minor support. It lost the gains made after Mario Draghi successfully calmed the markets yesterday.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-falls-on-fresh-round-of-downgrade-rumors/"]EUR/USD Falls On Fresh Round of Downgrade Reports[/URL][/I][/B]
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