The Euro (EUR) initially rallied off lows near 1.3465 to 1.3615, before ending the week closer to 1.3520 as European share markets closed at 6 week lows, with the DAX losing 0.9%. Market sentiment was not aided by comments from German Chancellor Merkel, ruling out support for the ECB to pose as a lender of last resort. In other news, Italy Industrial orders fell by 8.3% in September.
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