EUR/USD sustains above 38.2% Fib level

The EUR/USD pair managed to sustain above the 38.2% retracement level of 1.1098 to 1.1533 located at 1.1366 levels amid the Greece’s debt drama and weaker-than-expected US data.
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US industrial production modestly weaker than expected – ING

James Knightley, Senior Economist at ING, reviews the US Industrial Production data release.
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