EUR Trading Outlook (13-10-2011)

The Euro (EUR) broke 1.3700 and quickly shot above 1.3800 in Europe as the roadmap was release and investor risk appetite improved. August Industrial Production gained 1.2% vs. -0.7% forecast and also added to the positive feel overnight. Looking ahead, German CPI forecast at 0.1% vs. 0.1% previously.

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