EUR / USD: Euro on Tuesday morning returns its position. Greece took another timeout

On Tuesday morning, the euro
the dollar began to strengthen, although yesterday
It has fallen dramatically in the outcome of the negotiations
Eurogroup and Greece - on the return
Trend data indicate trades.
As of 8:28 MSK pair EUR / USD
trading at
1.1178 (+ 0.19%), the reduction was to Night
1.1135 mark, according investing.com.

Yesterday, 11 May, in Brussels
held a regular meeting with the Eurogroup
The representative of Greece. Government
country hoped that this meeting
another step in the resolution will be made
Greek financial crisis, but
During the briefing, the official representative
Cabinet of Greece Gabriel
Sakellaridis said that at this meeting
"nothing over"And parties
the way to go to achieve
final agreement.

After talks
at a press conference the Minister of Finance
Greece Yanis Varoufakis said that the issue
Liquidity - topical for the Greek
economy and it should be resolved within
two weeks. He also added that
Finance ministers discussed how to
quickly solve the problem, as long as it
It did not become insoluble. As a result, news
with the meeting led to a cost reduction
Euro.

"Greece is
part of covert hostility affecting
the weakness of the euro"- says the head
currency trading and research
Aspen Trading Group Deyv Floyd. He believes that the
in the next few trading sessions
the cost of the European currency will
less than 1.10 dollars per euro.

In turn, currency
expert at BNP Paribas in New York Vasily
Serebryakov sure that the fundamental
the reasons for the strengthening of the euro there. "In
If the deal on Greece will
It lies, as we expect it
will contribute to the growth of investments in
risky assets and, consequently, the euro
continue to decline"- he said.