EURINR Trading Range For The Day Is 76.16-76.52.

Euro dropped as the dollar edged up supported by signs that investors' risk appetites were improving again and by optimism on U.S. tax reforms.

The European Central Bank needs a clearer view on how it plans to exit its asset purchases going forward to avoid any knee-jerk market reaction.

Germany's factory orders increased unexpectedly in October helped by demand from domestic market and non-euro area economies

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