European Market Update

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Risk on as equity markets rallied Friday due to China’s stronger-than-expected export data. The EUR/USD hovered under the 1.31 handle in the session but dealers felt that the market was still likely caught short the Euro in the aftermath of the ECB press conference and good chance it gets cleansed

Post Title: European Market Update
Author: admin
Posted: 8th March 2013
Filed As: Forex, Fundamental Analysis
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