EUR/USD Analysis

The pair started the new year’s eve session at $1.2165 and edged up to an early low of $1.2171. Gains were hampered by ongoing worries surrounding the Greek January 2015 elections, and euro-dollar eased again later in the session. Overall flows were limited and euro-dollar recovered marginally from a $1.2154 session low toward $1.2160. It spent the rest of the morning hovering around there, and was last traded at $1.2163 as trading activity faded ahead of the European start