The Euro looks poised to close out the year below 1.3000 after dropping to a fresh 2011 low by 1.2858 on Thursday. The bearish close is rather appropriate in the grand scheme of things considering the Eurozone crisis was at the center of all things troubled in 2011. Although most market participants were watching the EUR/USD break, the Euro was pressured against many of the other major currencies in the final sessions of the year, with critical support in EUR/JPY broken on Friday after the cross took out major psychological barriers at 100.00 to trade to fresh multi-year lows. From here, we would expect to see Euro ... (full story)