EUR Trading Outlook (15-09-2011)
The Euro (EUR) took heart from the positive comments from European leaders and the Eurobond suggestion to rally above 1.3750. The market will now be looking ahead to Moody& rsquo s Italian rating decision and the EU Finance ministers meeting for further news on the debt crisis. Looking ahead, SNB rate decision and Statement. Also, August Inflation Forecast at 0.2% vs. -0.6% m/m.
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