Euro/dollar continues to weaken, as the political crisis in Greece deepens. Marathon negotiations 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 getting louder, and are making the nervous markets even more jittery. German and Eurozone Economic Sentiments were big disappointments, as both were posted figures well below the market estimates. The markets will be busy additional European and US releases, with the most important being US CPI and Retail Sales.
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-15-euro-dips-as-greek-crisis-continues-economic-sentiment-disappoints/"]EUR/USD Dips as Greek Crisis Continues, Economic Sentiment Disappoints[/URL][/I][/B]
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