EUR Trading Outlook (23-12-2010)

The Euro (EUR) shot higher on rumors that China would be buying Portuguese debt before reversing back under 1.3100 with the resumption of selling. EUR/GBP managed to hold strength and reclaimed the 0.8500. EUR/USD traded with a low of 1.3077 and a high of 1.3183 before closing at 1.3105.

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