Euro down with 170 pips and may continue till Tues

The traders prefer to bet safety after the bank crisis in Cyprys. The new tax in Cyprys for the deposits may hurt the island country but may hurt the Euro as well. Many investors will prefer the dollar instead the euro in such situation. After the opening of the markets EURUSD jump with more than 170 pips. The day when the banks will open in Cyprys is Tuesday. The starting trend downward may continue at least till Tuesday morning in Europe forecast by

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