EUR Trading Outlook (30-09-2011)

The Euro (EUR) the Euro hit day highs after the passing of the ESFS vote from Germany by a large majority but the market sold after this event with uncertainty still remaining. Support was found though on the dip below 1.3600 at a higher low than Wednesday. September German Unemployment Change at -26k vs. -8k forecast. Looking ahead, August Retail Sales forecast at -0.5% vs. 0.0% previously.

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