The Euro (EUR) the Euro was the major mover overnight as the ECB held rates at 1.0% and President Trichet was upbeat. Successful Bond Auctions for both Spanish and Italian Debt sent shorts scuttling and the EUR/USD moved above 1.3300. EUR/USD traded with a low of 1.3088 and a high of 1.3385 before closing at 1.3340. Looking ahead, December CPI forecast at 0.6% vs. 0.1% previously.
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