Euro seems to be in a bit of a fix at the moment. Rising
credit spreads on Irish debt and German data coming in mixed last night with a
fall in industrial production buy an increase in exports. We saw the Euro come
off quite a bit down to just below 1.3850.
Some data out tonight that could bring some movement into
the other pairs.
Data today:
German CPI – 7am GMT
US wholesale inventories – 3pm GMT
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