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EUR/USD last $1.1299, dealing a touch...>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last $1.1299, dealing a touch higher in the early part of
the Asia-Pac session after losing 40 pips or so Tuesday. 
- The release of MNI source report suggesting the ECB could indicate their
willingness to buy Italian bonds to avert a budget-related financial crisis lent
some support to EUR early Tuesday, but its impact faded away ahead of the NY
open. 
- Markets largely shrugged off signals that Italy may slightly reduce the 2019
budget deficit. 
- Meanwhile, USD rallied as risk appetite reared its head yesterday. 
- Bears need a move through yesterday's low at $1.1278 before challenging the
Nov 15/14 lows of $1.1271/63, while bulls eye Tuesday's intraday high at
$1.1344, as a break above that level would open up reported resistance at
$1.1380. 
- EZ highlights this week include German cons. conf. due later today, as well as
CPI & GDP figures for a number of member states due Thursday & Friday.
Elsewhere, this week's docket is rich in ECB rhetoric.

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