EUR Trading Outlook (14-12-2010)

The Euro (EUR) the Euro led the pack higher rising steadily all day for a 200 pip gain. The move began in Europe when stocks moved higher and accelerated on the US rating news. EUR/USD traded with a low of 1.3181 and a high of 1.3435 before closing at 1.3390. Looking ahead, October Industrial Output forecast at 1.3% vs. 0.9% previously.

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