FX & CFD trading involves significant risk
The euro is still under pressure of concern that Europe will fail to contain its sovereign-debt crisis and currently is at $1.4180.
The pair declines amid speculation that France Europe's second largest economy after Germany may be first to face a rating cut even though the major rating agencies have reiterated France's AAA rating.
Minor support is at $1. 4150/60, initial resistance is at $1.4250.
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