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