Euro continue to rise

The Euro (EUR) continued to rise rapidly as sentiment improved and Eurozone confidence improved. Of concern was German GDP Growth was downgraded to -6.0% vs. -2.25% initially. The pair rallied to above 1.3300 before easing into the US close.

“Overall the EUR/USD traded with a low of 1.3122 and a high of 1.3340 before closing at 1.3260,”