EUR Trading Outlook (08-10-2012)

The Euro (EUR) the EUR/USD was strong hitting day highs at 1.3070 after finding support sub 1.3000 on multiple occasions. EUR/JPY reacted sharply higher with the US jobs and we are well supported ahead of a big week from the Eurozone. Spain and Greece are still in the headlines with some concerns that Spain is in no rush to ask for a bailout.

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