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Portugal Current Account Balance rose from previous €-0.85B to €0.1B in July

FXStreet.com (Barcelona) For more information, read our latest forex news.

EURUSD: Risk of further easing from ECB – MUFG

Lee Hardman, Currency Analyst at MUFG, suggests that the scope for the euro to rebound against the US dollar if the Fed delays tightening monetary policy is dampened by the increased likelihood that the ECB will ease monetary policy if the outlook for global growth deteriorates further.
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EUR/USD downside gathering steam, near 1.1270

The selling pressure around EUR is picking up further pace on Monday, now sending EUR/USD to test fresh lows in the boundaries of 1.1270...
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