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EUR Trading Outlook (21-06-2011)

The Euro (EUR) the Greece story continued to dominate the market news with skepticism in Asia met with a flurry of supportive official comments from the EU. The Greece PM faces a confidence vote on Tuesday that&nbsp could prove pivotal in passing the Austerity measures needed to receive further aid. Overall the EUR/USD traded with a low of 1.4190 and a high of 1.4385 before closing the day around 1.4360 in the New York session. Looking ahead, June German Zew Forecast at 89.5 vs. 91.5 previously.

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