Reuters: US Dollar Report: Euro rises after German industry data, Bunds pare gains

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro rises after German industry data, Bunds pare gains May 8th 2013, 10:11 LONDON | Wed May 8, 2013 6:11am EDT LONDON May 8 (Reuters) - The euro rose to a session high against the dollar and Bund futures paired gains on Wednesday after German industrial output rose more than expected in March. The euro rose to $1.3145 from $1.3123 before the data was released with stop-loss buy orders cited above $1.3150. Near term resistance is at its 100-day moving average of $1.31564. German Bund futures pared gains, last trading 10 ticks higher on the day at 145.53, having risen as high as 145.72 earlier in the session.

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