EUR Trading Outlook (10-02-2012)
The Euro (EUR) the EUR/USD traded at fresh highs briefly above 1.3300 on the back of the Greece breakthrough and ECB President Draghi comments that there were tentative signs of stabilization to economic outlook. In US stocks, DJIA +6 points closing at 12890, S&P +2 points closing at 1352 and NASDAQ +11 points closing at 2927. Looking ahead, January German CPI forecast at -0.4%m/m. Later we have February Michigan Consumer Sentiment at 74.5 vs. 75 previously.
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