EUR Trading Outlook (02-12-2011)

The Euro (EUR) recorded subdued gains, despite local share markets easing in what appeared to be thin trading, as the FTSE eased 0.3% and the DAX lost 0.9%. The single currency was boosted by confident auctioning of French, Italian and Spanish 10-yr bonds. The Euro rose from level near 1.3420 to highs of 1.3515

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