The Greek authorities promise to reduce the country’s public spending, including pension and salary cuts. The Greek economy is shrinking faster than expected. These steps are needed to restore Greece’s competitiveness, creditworthiness and economic growth.
According to the experts of , during today’s Asian trading session the 6E futures contract (EURUSD) came out of yesterday’s price range and is currently being traded around the psychological level 1.3300. Two stop-volumes in a row from the 1.3250 support testify to its strength. A break and consolidation above 1.3300 will give way to 1.3350. Otherwise, the price may well test 1.3250.
