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EURO-DOLLAR: Combination of euro-yen demand cited from Japanese Asset Managers
and general US dollar weakness, perhaps led-by a sharp appreciation in yuan, has
seen the Euro vault over yesterday's $1.1756 high and print a top so far of
$1.1782. Resistance is seen at $1.1788 (Oct4 high), with reported offers around
$1.1800. Euro-dollar was last at $1.1778.