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Euro Falls to Weekly Lows Against USD & JPY | Pips Guru Forex Trading News and Articles

The Euro is under pressure on continued concerns over the zones soverign debt and banking sector. The EUR/JPY pair is hovering around the 50% retracement of the move for the June 4th lows. The Euro against the USD is sitting on the 38.2% retracement on the move from the June 7th lows; it will be interesting to see if either of these pairs can break these levels where they have found some support... moreThe Euro is under pressure on continued concerns over the zones soverign debt and banking sector. The EUR/JPY pair is hovering around the 50% retracement of the move for the June 4th lows. The Euro against the USD is sitting on the 38.2% retracement on the move from the June 7th lows; it will be interesting to see if either of these pairs can break these levels where they have found some support here midway through the Asian session. view page