The Euro (EUR) tested 1.3700 going into Europe before heavy Cable sales and weak commodities helped profit takers gain control. The market was well supported on the dip however and ended near day highs. EUR/USD traded with a low of 1.3571 and a high of 1.3706 before closing at 1.3680. Looking ahead, December German Import Prices are forecast at 1.3% m/m.
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