Currency Majors Technical Perspective
EUR/USD Current price: 1.3175 Despite German Finance Minister Wolfgang Schaeuble said Germany will not let Greece down and that the Berlin government is pushing for a quick decision on emergency aid for Greece, euro slump to a 12 months low of 1.3144 late US session as Standard & Poor’s rating agency downgraded its ratings of both Greek and Portuguese sovereign debt. And market is not only following Greek government bonds: spread in between Portugal and Germany ones widened to 391 this
