EUR/USD rose yesterday (June 13th), following weak PPI and Retail Sales releases out of the US. Analysts and traders will be keeping a close watch as events unfold in in Greece and Spain. The second round of the Greek election will be held on Sunday, and the outcome could determine whether Greece remains in the Euro-zone. The bailout for Spain may be a done deal, but uncertainty remains as details of the package are unclear. In Italy, another bond auction is scheduled for today. Other key releases include US CPI and Unemployment Claims.
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-june-14-euro-moves-up-as-us-data-disappoints/"]EUR/USD - Limited Move Up as US Data Disappoints[/URL][/I][/B]
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