The Euro (EUR) the Euro rallied with positive sentiment in Asia and Europe even with the Gaddafi regime near toppling. The gains reversed for a relatively mild trading day into the US close. The market is awaiting more news from the US fed while the debate about Eurobonds rages on. EUR/JPY is remaining in a holding pattern as well at the Y110 level. Looking ahead, August PMI manufacturing forecast at 49.2 vs. 50.4 previously.
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