FXstreet.com (Córdoba) - The decline of the Euro against the Dollar has found support at 1.5030 (intra-day low). EUR/USD failed earlier to break above 1.5100 and weakened. The pair lost previous gains and currently trades at 1.5045/50, 0.20% below today's opening price. If the pair falls further the Euro could find support at 1.5000 and below at 1.4970 (Dec 1 low). In a few minutes, at 19:00 GMT the Federal Reserve will publish the Beige Book.
James Hyerczyk, from ForexHound.com comments: The December Euro is trading lower after failing to overtake $1.51. The break so far is still holding $1.50, where traders are trying to establish a new support base. Traders are flatting positions ahead of tomorrow's European Central Bank meeting.