The Euro holds steady despite its woes

The euro stayed fairly range bound on Friday with little data of high impact released. The only data of note was the monthly German inflation data which came out slightly worse than forecast along with German Consumer Climate  which was slightly better than expected. We have a quiet week ahead with the Christmas holidays with little to no data released although France is releasing its final estimate for third quarter growth figures and consumer spending for November tomorrow. However low trading volumes may cause exaggerated movements in the markets. Call your trader now for the latest news and rates!