The euro finished a second consecutive week showing losses against the US dollar. The increasing internal problems in Greece, its’ failure to repay the €1.6 billion to the IMF on Tuesday, and virtual stalemate in the debt talks between Greece and its’ creditors, have all put pressure on the EUR/USD. 28 more words
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EUR/USD is slowly losing the earlier gains, while the USD is stronger on expected good news from the US Non-farms Payrolls Report for June.
The dollar fell against a basket of other major currencies on Thursday, after data showed that he U.S. economy added fewer jobs than expected last month data, dampening expectations 65 more words