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[QUOTE="Vistabrokers, post: 85276, member: 32993"]
[b]Vista Brokers: Euro Fell to 2-week Low[/b]

[img]http://www.hostpic.org/images/1506241029550093.jpg[/img]

Negotiations of Greece and international lenders continue to keep the market in suspense. Vista Brokers analysts note that on Tuesday EUR / USD has dropped to a two-week low – 1.1136 after earlier hope for the conclusion of negotiations for some time was supporting the growth of the pair. Not only the continuation of the "Greek saga" has weakened the euro, but the rally of the US dollar.

On Wednesday, euro zone finance ministers have set the time period within which the agreement on Greece to be negotiated, and it is no longer on June 30 but on 25 - the experts gave 48 hours to analise a next reform plan provided by Athens.

In the US, controversial macroeconomic statistics, together with statements of the FOMC member Jerome Powell, have supported expectations about this year Fed interest rate hike. Thus, Powell has said that he estimates the probability of the rate hike in September, as 50/50. With regard to statistics, data on durable goods sales were lower than forecasts, but the volume of home sales in the primary market has increased by 2.2% to the highest level since February 2008 – 546 000, that significantly exceeded forecasts.
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