The Euro (EUR) the market is focusing on a stream of comments from EU officials on the prospect of European Stabilization fund being expanded. Germany is reluctant to expand the fund and this is causing tension with other members so far. EUR/USD traded with a low of 1.3243 and a high of 1.3382 before closing at 1.3280. Looking ahead, German January Economic Sentiment forecast at 6.8 vs. 4.3 previously.
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