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29 Mar 2013
Forex: EUR/USD treading water around 1.2820
FXstreet.com (Barcelona) - The shared currency is orbiting around 1.2820 on Good Friday, as the trading week is drawing to a close.
News from Italy remarks that the meeting between President G.Napolitano and centre-left leader P.L.Bersani has ended without any announcements. G.Napolitano would make a decision on the government during the weekend.
In the meantime, uninsured depositors of the Bank of Cyprus will get 37.5% of deposits over €100K in equities.
At the moment, the cross is advancing 0.03% at 1.2820 facing the next hurdle at 1.2884 (MA200d) en route to 1.3050 (high Mar.25) and then 1.3163 (high Feb.28).
On the flip side, a breakdown of 1.2804 (low Oct.2012) would open the door to 1.2751 (low Mar.27) and finally 1.2730 (low Nov.19).
News from Italy remarks that the meeting between President G.Napolitano and centre-left leader P.L.Bersani has ended without any announcements. G.Napolitano would make a decision on the government during the weekend.
In the meantime, uninsured depositors of the Bank of Cyprus will get 37.5% of deposits over €100K in equities.
At the moment, the cross is advancing 0.03% at 1.2820 facing the next hurdle at 1.2884 (MA200d) en route to 1.3050 (high Mar.25) and then 1.3163 (high Feb.28).
On the flip side, a breakdown of 1.2804 (low Oct.2012) would open the door to 1.2751 (low Mar.27) and finally 1.2730 (low Nov.19).