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Consolidation saw EUR/USD held within...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Consolidation saw EUR/USD held within a range of $1.1022-33,
following rate's corrective pullback back from a high Friday of $1.1063 to a low
Monday of $1.1013. Rate did manage to recover to $1.1043 before it closed around
$1.1030. Final French inflation data due at 0645GMT followed by Germany ZEW at
0900GMT. US Empire State data was released early Monday (was due today) due to a
technical difficulty leaving US Redbook sales at 1255GMT the data interest into
the afternoon. US markets return after the Columbus Day holiday. 
- Support $1.1013 ahead of $1.1000. Resistance $1.1040-50.
- A total of E1.07bln of options expire at today's NY cut. 
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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