The Euro (EUR) rallied to 1.3600 in Asia on strong Japanese stocks and EUR/JPY buying but was sold aggressively in Europe on weak economic data. German December Factory Orders dropped -3.4%. EUR/USD traded with a low of 1.3507 and a high of 1.3628 before closing at 1.3580. Looking ahead, December Industrial Output forecast at 0.3% vs. -0.7%.
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