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Monday, August 27, 2012

Euro Stuck At Recent Highs, Outlook Remains Bleak


  The Euro took a step down against the US Dollar  during the Asian session on Monday to catch it's  breath after last week's rally.
  Most analysts feel the Euro may struggle to break  above a recent 7-week high in the near term. The  early outlook for this week sees the Euro's upside  potential limited ahead of major Euro Zone events  due to take place over the next few weeks.

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