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European GDP forecast to grow by 0.2%

Positivity emanating from the ECB and individual nations suggests that a eurozone recovery could be gaining genuine traction

By Richard Nehme | Aug. 14, 2013 10:28 BST
Euro continues to benefit from weaker USD
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International news

EUR/USD traded within almost a cent range throughout the day as positive German economic sentiment gave the euro a boost. The pair rose to a day high of 1.3315 after the data emerged, but subsequently fell to a day low of 1.3235 on the back of strong US retail sales data and closed at 1.3243. The pair opened at around 1.3250 today [...]

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