EUR Trading Outlook (28-06-2012)

The Euro (EUR) the EUR/USD is pivoting around the 1.2500 in a holding pattern ahead of the major risk event of the week. Headlines will be coming out constantly and volatility is expected. EUR/GBP managed to reclaim 0.8000 overnight. During Asian trade today we saw the market break above 1.2510 and is so far well supported.

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