The Euro (EUR) the EUR/USD plunged going into Europe hitting 1.3500 before reversing and grinding higher for the rest of the day. The Chinese Italian bond news helped support into the close and the pair finished near highs at 1.3680. Italian July Industrial Production fell to -0.7% vs. 0.2% forecast m/m. Looking ahead, Traders will continue to focus on European Debt yields in Greece and Italy.
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