Problems of Greece will continue to put pressure on the euro

Euro managed to find support near $ 1.35 and now he is held in the area of $ 1.3541, attempting to seize the initiative. Mindset, however, remains very unfavorable, and currency strategist at UBS noted that in ostutstvie support of Greece, he probably will remain so. According to them, investors need clear information about what action will be taken against a country that will soon need to find some E16 billion to meet debt obligations in April and May, and the bank sees the risk that in the coming weeks, the euro / dollar continues to decline, and therefore they retain a three-month forecast for this pair at $ 1.30.