The euro fell against the dollar and major currencies, with the start of this week, on expectations that Greece will not be able to avoid sovereign debt crisis. In addition to fears in financial markets, which increased selling high yielding currencies.
The euro started today's session with a decline against the dollar, as the pair trades around 1.4316 after recording the highest at 1.4404 and the lowest at 1.4298. The pair faces a support at 1.4240. The daily momentum indicators show the pair in an oversold area.
The pound traded lower against the greenback, trading around 1.6260 after recording the highest at 1.6318 and the lowest at 1.6242. The pair faces a support at 1.6200. The daily momentum indicators show the pair in an oversold area.
The dollar/yen pair decreased during the Asian session, as the pair trades around the 82.91 level, recording the highest at 83.18 and the lowest at 82.78. The daily momentum indicators show the pair is in an oversold area.