The Euro (EUR) dipped towards 1.3000 as Greece missed the deadline to come to an agreement with the troika about a second bailout package and continued the talks into the night with the IMF/EU. German Industrial Orders jumped 1.7% in December vs. a -4.9% drop in November. EUR/JPY is providing support but EUR/GBP is still very heavy. Looking ahead, December Industrial Output forecast at -0.3% vs. -0.6% previously.
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