Wednesday, February 3, 2010
EUR/USD ....1.4050
EUR/USD up tad as slight rebound in Asian bourses (Nikkei closed up 0.3%) buoys demand for risk-sensitive assets; pair could rise further later, possibly to 1.4050, if European Commission tempers concerns over Greece's finances in official assessment due later of country's plans to shrink budget deficit, says Trader, senior FX dealer. "My feeling is that there's a greater chance that the commission may issue some kind of supportive statement about Greece today, and that would give the euro some (more) support." EUR/USD last 1.3968.
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