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EUR/USD last deals ~20 or so pips.......>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last deals ~20 or so pips higher at $1.1390, benefitting
from the broader USD weakness apparent in early dealing this week.
- The weekend saw the Italian Senate approve the budget deal that the gov't
struck with the EU last week, with ECB's Weidmann lamenting the compromise.
- Resistance noted at Friday's intraday high of $1.1474, with support located at
the December 19 low of $1.1360.
- Looking ahead, German CPI data will hit on Friday, with familiar matters
including Brexit & Italy, as well as broader USD gyrations set to drive the pair
this week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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