The Euro was higher versus the U.S. Dollar on German court

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Source: Forexpros

On Wednesday, the Euro was traded near a 4-month high versus the Greenback, after the constitutional court in Germany approved the bailout fund, and amid continuing speculations about Fed's further monetary stimulus. The EUR/USD pair hit a 4-month high of 1.2936 and consolidated at 1.2905, which was a 0.40% gain for the U.S. morning trading session.

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Wed, 12 Sep 2012 15:42:48 GMT

Crude oil turned lower after U.S. supply data

Crude oil futures turned lower after U.S. government's report showed oil supplies rose surprisingly last week.  Crude with October contract inched lower 0.21% to $69.93 per barrel. U.S. crude oil stockpiles jumped 2 million barrels in the week ended September 7, beating expectations for a decline of 2.6 million barrels.

Wed, 12 Sep 2012 15:53:48 GMT

Eurozone's industrial output increased more than expected

Eurostat reported on Wednesday that Eurozone's industrial output in July gained 0.6%, offsetting the decline which occurred in the preceding month. Analysts, however, expected that the output would fall by 0.1%. Year over year, the industrial production fell by 2.3% in July, whereas in June it declined by 2.1%. Following the release of the data, the 17-nation currency remained higher versus the Greenback, adding 0.23% to

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