EUR Trading Outlook (13-12-2010)

The Euro (EUR) The Euro struggled to rally as the ECB fought internally over the size of the bailout fund and on whether the Eurozone can issue joint Eurobonds. Concerns over Peripheral bond markets still exist with Portugal and Spain the major focus. EUR/USD traded with a low of 1.3179 and a high of 1.3282 before closing at 1.3226.

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