EUR/USD started the week with a minor gap for a change, but the direction afterwards remained the same: downwards. The pair lost another support line after expectations from the EU Summit fell once again. Yields on Spanish and Italian bonds change course rise once again. With the risk off mood in control, more doubts about Chinese strength emerged over the weekend.
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-25-resumes-slide-as-gloom-takes-over/"]EUR/USD Resumes Slide as Gloom Takes Over[/URL][/I][/B]
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