Published by Mark Smith-HalvorsenForeign exchange dealers are bracing for further dips in the euro as instability among eurozone economies continues to put pressure on the single currency.MarketWatch reports that while it remains to be seen whether the partial recovery of the euro witnessed earlier this month has come to an end, there is little belief in its ability to sustain a rally in the longer term.Mamoru Arai, a senior trader at Mizuho Corporate Bank, told the newswire that both the pound and the euro are unpopular in foreign exchange trading circles."People just don't feel like buying the euro or sterling ... The outlook is just weak for both of them," he said.Weak house price figures from the Royal Institution of Chartered Surveyors weighed on the pound this morning (March 9th), while the euro also traded lower ahead of a key meeting between the US and Greece later today.For more information on international payments, visit our Smart FX site