EUR Trading Outlook (10-09-2012)

The Euro (EUR) the Euro surged as shorts were run over as we shot to 1.2800 from lower 1.2650 after the US Jobs data. The outlook is mixed with some very big risk events coming up in the Greece Troika report and the German constitutional court decision on the ESM. Successful completion of both events and QE3 announced on Wednesday may see the EUR/USD test 1.3000.

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