Euro losing ground versus Dollar

Thursday, 30 June 2011 02:48

The Euro/Dollar pair was seen trading as high as 1.4424 in today's session.  The pair tumbled down later on to trade at the current price of 1.4460.  The lowest level recorded today 1.4457. 

So, EUR/USD is presently trading at it's low points of the day, and Greece is waiting for votes on implementation laws to be announced.  Yesterday was a relief for Greece and the rest of Europe as the Austerity bill passed by 155 votes; and proceeded closer to finalizing Greece's Bailout package.