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As expected EZ flash PMI also...........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: As expected EZ flash PMI also reflects the weaker showing in French
and German data, released earlier, therefore not causing any major negative
react. However, rate remains just above its earlier posted low of $1.1702,
currently around $1.1708. If rate fails to take out the $1.1700 level it could
prompt the shorter term speculators to cover short positions.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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