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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Eur/Usd: Dec12 close $1.1744, Dec13....>

EURO SUMMARY
EURO SUMMARY: Eur/Usd: Dec12 close $1.1744, Dec13 Asia range $1.1736-62, Europe
$1.1738-63
*Eur/Usd opened flat in Asia, early dealings were seen light tied to narrow
range trade
*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
consolidated $1.1750-60
*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.