The Euro (EUR) maintained lofty levels breaking briefly above 1.3500 but was unable to push higher and pulled back in the US session. The market continues to focus on the EFSF and whether there will be expansion or new facilities added to help stabilize the Debt situation. EUR/USD traded with a low of 1.3376 and a high of 1.3540 before closing at 1.3460. Looking ahead, December PPI is forecast at 0.4% vs. 0.2% previously.
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