EUR Trading Outlook (18-10-2010)

The Euro (EUR) traded at fresh 9 month highs shortly after Fed Chairman speech, which indicated further easing was imminent. In domestic news, EZ CPI was released on expectations of 1.8% to little effect. The EURUSD traded with a low of 1.3938 a high of 1.4157 before closing the day 1.3969.

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