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17 July- The Euro (EUR)
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Old 07-17-2007, 02:56 PM
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Default 17 July- The Euro (EUR)

Hi
17 July-The Euro(EUR)-traded near record highs against the USD once again, as outlook on the EZ’s currency remains bullish pricing in future rate hikes with Core CPI data for the month of June coming in slightly better than expectations. Overall the EURUSD traded with a range of a low 1.3760 and a high of 1.3804 before closing the day at 1.3783 in the New York session. Looking ahead, German ZEW survey will be released on Tuesday with forecasts of 88 down from the previous 88.7
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