The Euro (EUR) the Euro was well supported even in risk aversion with EUR/CHF buying supporting. The buying into the US session was aggressive and caught the market short with a move from 1.4300 to 1.4450. The weakness in US stocks then acted as a drag into the close. The Eurozone debt crisis is now debating the question of Eurobonds as a means of ending the crisis but Germany is opposed to the idea.
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