Up at 1.4347 presently from a North American close Monday down around 1.4305.
Fitch didn’t do the greenback any favours. Warned that US rating will be put on negative watch if debt ceiling not raised by August 2nd, and US would be in restricted default if it doesn’t meet August 15th coupon payment.
Big focus today will obviously be this evenings Greek confidence vote.
Euro zone data due today:
09:00 GMT: German ZEW survey, economic sentiment expected -3.0; Euro zone ZEW survey, economic sentiment expected 6.1
Next technical resistance of note 1.4395 (50% retracement of 1.4705/1.4080)
