EUR Trading Outlook (02-03-2012)

The Euro (EUR) a dip below 1.3300 did not last long and the pair finished at 1.3330 with some mixed news overnight. Eurobond Auctions were strong overnight and the ISDA Ruled that recent Greek Debt deal did not constitute a default. February CPI at 2.7% y/y. January Unemployment increased to 10.7% in the Eurozone.

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