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Daily outlook for EUR/USD: Nordea

Quotes from Nordea Markets: -The EUR/USD weakened early Friday despite the stronger composite PMI reading as the jitters concerning Greece and rumours of Grexit, predominated the sentiment. But late in the date expectati…

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Quotes from Nordea Markets:

-The EUR/USD weakened early Friday despite the stronger composite PMI reading as the jitters concerning Greece and rumours of Grexit, predominated the sentiment. But late in the date expectation of the positive outcome made the EURUSD U-turn.

-This week's Humphrey-Hawkins testimony is of key interest to the USD - following last week's relatively dovish FOMC minutes, a more positive tone from Yellen could help the USD short term.

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