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EUR/USD last deals at $1.1365,..........>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last deals at $1.1365, virtually unchanged on the day,
after it advanced almost 80 pips yesterday hitting this week's high, as the
greenback took a heavy blow from Fed Chair Powell's comments suggesting the
interest rate is already close to neutral. 
- Otherwise, the rate followed a flat but downside path before and after the
aforementioned jump Wednesday. 
- Initial resistance is located at the Nov 26 high of $1.1384 and a break above
would open up the Nov 23 high at $1.1421. Meanwhile, bears need a fall through
the psychological $1.1300 level before targeting yesterday's low at $1.1267. 
- EZ focus turns to EZ cons. conf. due later today, while member states are set
to release their GDP & inflation figures with French GDP and German CPI also due
today. Elsewhere, ECB will publish its stress test today & there is much central
bank rhetoric scheduled for the remainder of the week.

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