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EUR/USD: general analysis on 15.06.2015

At the opening of the market the pair EUR/USD started off with a gap and at the moment is trading at 1.1200-1.1190. The Euro is under pressure from the news that International Monetary Fund refused to conduct further negotiations with Greece for the provision of a financial assistance. Many experts believe that the risks of Greece defaulting are very big, however, the EU is ready for it and might not take serious damage. On the other hand, Greece exiting the EU may give a precedent for other countries to follow and will be fought off by the stronger members. 

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