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Continues to trade with a heavy feel,...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Continues to trade with a heavy feel, rate extends slippage to
$1.1867. End month flow is suggested to favor moderate Usd demand which could be
providing an early influence. However, ahead of the 1500GMT fix we have EZ Flash
CPI data which can be influential, stronger than forecast shows in German flash
CPI, as well as strong Spain data, could point to a strong show at release
(market median CPI 1.4%yy, Core 1.2%yy). Support is noted between $1.1866/65(50%
$1.1662-$1.2070/Hourly low Aug25) ahead of $1.1850. 
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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