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Forex: EUR/USD from 1.2968 to 1.2934 in a matter of minutes

FXstreet.com (Barcelona) - EUR/USD had had a brief spike towards 1.2965/75 supply area, which keeps limiting advances for the bulls. The rise came, surprisingly, following a Euro-negative headline, in which according to a Cyprus Government Spokesman, the Parliament is unlikely to ratify the bank deposit levy, now trying to find other options to ease the burden on savers. After the ephemeral climb, the Euro automatically fell almost 40 pips to an Asian session low of 1.2934 breaking through the twin floow at 1.2937, printed earlier in the Tokyo open.

Forex Flash: Substantial further EUR/AUD decline ahead - Westpac

According to Westpac FX strategist Sean Callow, political unrest in the Eurozone should weigh on the EUR/USD multi-week while AUD/USD maintains a broad range, "leaving EUR/AUD biased to further decline near term."
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Forex: EUR/USD around 1.2950 ahead of ZEW

The bloc currency remains flat-lined in the vicinity of 1.2950 on Tuesday, as market participants eagerly wait for the parliamentary vote on Cyprus’s bailout. Market sentiment, however, seems a tad...
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