EUR Trading Outlook (26-10-2011)

The Euro (EUR) the EUR/USD did well to remain at the 1.3900 handle overnight with the headlines out of the EU summit still showing fractures. Concerns are building over Italy&rsquo s ability to pass further austerity measures. German Consumer Confidence remained steady at 5.3 in November. Looking ahead, EU Summit final day. Headlines and final statement expected late US session or even into the Asia session tomorrow.

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