EUR Trading Outlook (14-09-2011)
The Euro (EUR) was supported from positive expectations from the EU finance ministers meeting later in the week with talk US Treasury Secretary Geithner will be attending and he will press for an increase in the EFSF bailout fund. Also talk that China and the other BRIC& rsquo s may look to invest in European bonds. Looking ahead, July Industrial production forecast at 1.5% vs. 0.7% previously.
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