The EUR/USD is in free fall Thursday, 16 June 2011. At 11.32 the Euro went under 1.41 on high trading volumes. The bad news coming from the Greek debt and the peripheral countries in the Eurozone made investors bearish on the Euro. In fact, during the last two weeks we could see a 'roller coaster' on this pair of currencies: the Euro went up for its highest level in 3 months and then fell to its lowest level for 3 months. This kind of volatility can only help the Forex traders, especially as it is backed by great volumes. The Greek governments is going to pass a test of confidence today, in an attempt to find consensus on the fiscal measures.
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