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Breaks below its earlier Asian base.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Breaks below its earlier Asian base of $1.1946 to extend its
corrective pullback away from earlier high of $1.1978 to $1.1936. Move seen
influenced by continued slippage in Eur/Gbp, following release earlier of
stronger than forecast UK Inflation data. Next support seen at $1.1928(38.2%
$1.1662-$1.2092) though next reported bids of note reported at $1.1895. 
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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