After the fall with the beginning of the trading in Asia, the single European currency managed to recover some losses against the backdrop of reports in the Wall Street Journal that the State Fund of China plans to increase investment activity this year, including in Europe, but around $ 1.3020 sellers once again intensified, and now the euro / dollar remains around $ 1.2984. Dealers noted that the more important for the euro in the short term is the ECB meeting on rates, and in the absence of meaningful fundamental events of today, market participants chose to focus on the news that in an interview with Japanese news agency the head of the Central Bank Jean-Claude Trichet referred to the decline vymerennom rates and non-standard measures. As a result, the mood in relation to the euro remains negative, and bidy around $ 1.2965/60 remain under threat, with the breakthrough opens the way for stronger support around $ 1.2945/40. Failure to hold above the last pair will be wake-up call for the bulls, but it remains above some dealers saw the risks locking profits on short positions of the short-term accounts.
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