European Session – Euro gains in thin trading
Posted on November 11, 2013 at 1:31 pm GMTFollowing heavy losses the previous week, the euro rebounded 0.22%, but stayed under 1.34 to trade at 1.3396 against the US dollar. Eurozone GDP figures are keenly awaited later in the week in order to gauge the strength of the economic recovery of the single currency area. Positive risk sentiment, reflected in higher European equity indices, pushed the dollar 0.24% higher against the yen to trade at 99.18. In economic data, Italian Industrial output for September came in mixed, as [..]