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EUR/USD bounces on upbeat US industrial output report

US industrial production data was released yesterday at 14.15 outperforming estimates and coming in at 1.3% which was the best number for factory outputs in 9 months and presented substantial improvement on the expected 0.6%

By Richard Nehme | Dec. 16, 2014 13:16 GMT
Euro continues to benefit from weaker USD
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EUR/USD opened higher on Monday morning at 1.2476 pushing to a day's high of 1.2489. The pair then moved lower throughout the morning hitting a low of 1.2415 as appetite for the US Dollar increased [...]

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