Euro/dollar is at a fresh 3 month low, challenging low support after opening with another Sunday gap. Last minute talks in Greece to form some kind of unity government haven’t succeeded so far, and fresh elections seem likely. Talks about preparations for a Greece leaving the euro-zone are heard from more and more places. In addition, Spain’s rising bond yields also weigh on the common currency. Spain and Italy will both raise money today in the markets, in another test.
Here’s an 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-may-14-continues-grinding-lower-as-grexit-nears/"]EUR/USD Continues Grinding Lower as Grexit Nears[/URL][/I][/B]
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