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In early trading in Tokyo, the common currency edged higher against the U.S. Dollar, off a 3-week low, supported by early indications of some restabilization in the commodities markets. Analysts note, however, that Greek fiscal problems will continue to put pressure on the Euro until a path to resolution is clear, and unwinding of long positions in EUR/USD are likely in the short term as more negative news surfaces. As reported at 9:50 a.m. (JST) in Tokyo, the Euro was trading at $1.4368 against the U.S. Dollar; yesterday it had slipped to a low of $1.4254. Major support is seen at $1.4246British Escorts
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