Euro retreats against US Dollar, surpassing psychological support of 1.10

Source: WBP
© scanpix/Reuters
The shared currency contracted on Tuesday amid deepening political uncertainty regarding Greece. Intraday the Euro zone's currency sank 0.9% to 1.0959, which is the lowest level since June 2015. Nevertheless, the Greenback is also affected by essential US data, while the investors are monitoring the Fed on its decision to raise interest rates September.

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