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EURO SUMMARY: Eur/Usd: Dec12 close $1.1744, Dec13 Asia range $1.1736-62, Europe
*Eur/Usd opened flat in Asia, early dealings were seen light tied to narrow
*News that Democrat Doug Jones had defeated Republican Roy Moore in Alabama's
Senate election caused a brief bout of dollar weakness, the euro edged up from
around $1.1745 to $1.1762 before stalling
*Republicans now hold 51-49 majority in the Senate(prior 52-48), which may be a
headwind to the passage of the tax bill
*The release of in-line German CPI saw limited react into Europe, Eur/Usd
*The euro started to encounter fresh pressure across the board, rate slipped to
$1.1745, second wave sales extended to $1.1738 before support from the Asia low
($1.1736) cushioned falls
*Recovery efforts continue to hold shallow, Euro last $1.1750
*Focus turns to the FOMC Rate Announcement at 1900GMT for clearer direction.