EUR Trading Outlook (13-10-2010)
The Euro (EUR) regained its foothold against a broadly weaker dollar following talk of QE2. Adding to Euro strength, ECB& rsquo s Weber declared Europe was on a steady path to recovery, contrary to a widely reported market perception. In data news German CPI figures were released largely on expectation at -0.1% for the month of September.   The EURUSD traded with a low of 1.3774 and a high of 1.3932 before closing the day at 1.3914.
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