The Euro (EUR) was boosted in Asia on news that Japan will be heavily involved in buying European debt to try and instill confidence in the Eurozone. Debt Yields fell and upcoming Debt Auctions this week will be closely watched for demand. EUR/USD traded with a low of 1.2903 and a high of 1.2995 before closing at 1.2985. Looking ahead, November Industrial Production is forecast at 0.5% vs. 0.7% previously.
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