The Euro (EUR) surged through the 1.4000 ceiling in Asia post Singapore news. Much of the follow through was attributed to a bout of stop losses being triggered ensuring the momentum in the Euro was pronounced. The EURUSD traded with a low of 1.3952 and a high of 1.4121 before closing the day at 1.4078. In data ahead, EUR CPI is expected to be released at 1.8%.
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