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EUR/USD Levels info for accountants

The single currency traded around the 1.09 level against the US dollar, falling from around 1.0940. The pair is under pressure to drop after the initial rise to 1.0935-40 despite the bad data on applications for unemployment benefits in the US. In the euro area economic confidence indicator was published at a good level and that of business climate fell. Greece remains the focus of investors now await the announcement of the upcoming sales of existing homes.