The Euro (EUR) topped out at 1.4880 on Friday and fell back in Asia on news of Bin Laden& rsquo s death. The market will be closely watching the ECB later this week to see the pace the central bank is looking to raise rates. Overall the EUR/USD traded with a low of 1.4802 and a high of 1.4878 before closing the day around 1.4826 in the New York session. Looking ahead, April Manufacturing PMI forecast at 57.7 vs. 57.7.
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