The Euro (EUR) fell sharply in Asia on the general risk aversion and Euro Debt concerns but recovered sharply in in the European session on more comments from ECB officials regarding interest rate hikes to counter inflation. Overall the EUR/USD traded with a low of 1.3523 and a high of 1.3715 before closing the day around 1.3675 in the New York session. Looking ahead, December Industrial Orders -0.8% vs. 2.1%.
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