Euro/dollar continues to slide, as the political crisis in Greece is worsening. Talks aimed at forming a coalition government remained deadlocked, and another election seem likely. The euro wasn’t helped by a strong German GDP release, as recent Euro-zone data has not impressed the markets. Today’s key indicators are US Building Permits and release of the minutes from the most recent FOMC meeting.
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-16-euro-slides-as-greece-bickers/"]EUR/USD Slides as Greece Bickers[/URL][/I][/B]
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