EUR/USD continues to decline

EUR/USD continues to decline, with EUR/JPY also recently hitting intraday low, as risk flees markets on worries of Greek sovereign debt, which investors worry is also spreading to euro zone periphery, including Portugal, Spain and Italy, says trader. EUR/USD at 1.3285 from 1.3364 late Mon, according to EBS via CQG. EUR/JPY down more than 1.25% on day. "The situation there just continues to get worse and worse," Oubina said of Greece and the euro zone periphery.