The Euro gained slightly versus the Dollar as risk appetite resumed following UAE's pledge to back Dubai's banks. CPI Flash Estimate came out 0.6% better than 0.5% expected. Overall, EUR/USD traded with a low of 1.4971 and with a high of 1.5084. Today, Euro Zone Unemployment Rate is expected worse with 9.8% versus 9.7% prior. German Unemployment Change is expected worse with 5K versus -26K prior.

EUR/USD - Last: 1.5010

Resistance

1.5030

1.5070

1.5085

Support

1.4975

1.4950

1.4920

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