The EURUSD is at minimum of nine months.
With the weak German data to bring concerns about the recovery of the European Union, the 10-year German Bunds negotiate a positive trend and test highs.
In Italy, industrial production exceeded expectations (0.9% vs. Exp 0.7%).
However, the Italian GDP was much lower than expected (-0.2% vs. Exp 0.1%), causing more pressure on Europe.