Traders expected the euro area adjust the operation will be affected

the Euro Group meeting in Brussels before the adjustment operation of the site, material will lag the euro.

Market participants expect the ministers to finalize solutions to end the debt problem of Ireland, may boost the euro, but does not rule out the disappointing results of the meeting may be the case.

Traders pointed out that leveraged funds has been reversed on the EUR / USD long positions, the Commodity Futures Trading Commission (CFTC) latest data show that speculators are cutting EUR / USD long positions.

EUR / USD is currently continuing Shouwen 55-day moving average above the line can Shouwen further exchange rate movements has become the crux of the line at 1.3567 now.