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Daily EUR/USD Fundamental Analysis for March 06, 2012

By FXEmpire.com - Analysis and Recommendations:

The EUR/USD climbed a bit today after dropping to 1.3166 over the weekend, trading at 1.3226 after hitting a high just a few days ago of 1.3479. The euro should find a home in the 1.31 range this week. For some reasons investors are once again spooked over the Greece PSI bond swap, which has a deadline of March 8th. In the US today the ISM reported a lackluster month, adding to the weakness of the USD.

[Originally Posted Here]

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