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Corrective pullback off Tuesday's.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Corrective pullback off Tuesday's high of $1.1745 extends further
into early European trade, the rate breaking below the NY/Asia lows of
$1.1650-45 respectively to post a fresh intraday low of $1.1635. Next support
seen into $1.1625. The USD consolidated Tuesday gains, seen as market reacted to
Fed Powell's semi-annual testimony, with markets seen driven by yield
differentials. Testimony part 2 later, Q&A in focus. 
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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