Yesterday's trading session had the Euro struggling to gain strength against the U.S Dollar. The pair dropped to lows of 1.4100. Today's session is looking better for the Euro, as EUR/USD is maintaining a positive attitude before Greece's next parliament vote which is scheduled for tomorrow, Wednesday; where Austerity Measures votes are important as this is needed to progress receiving a bailout package and preventing a default. A default is crucial for avoidance as this situation would take Greece down, and other European countries.
The European currency reached a high of 1.4328, after opening at 1.4286 versus the Greenback. Currently, the pair is trading at 1.4283; rising more than 20 pips in the last 15 minutes. EUR/USD low of the day is currently 1.4155.
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