The Euro rally toward 1.50 versus the Dollar continued as Industrial Production gained for the 4th consecutive month. Industrial Production came out at 0.9% as expected. EUR/USD traded with a low of 1.4838 and with a high of 1.4946. Today, ECB Monthly Bulletin will be released and will provide detailed analysis of current and future economic conditions. European Core CPI is expected slightly weaker with 1.2% versus 1.3% prior.
EUR/USD - Last: 1.4950