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EUR/USD last trades at $1.1433, 7 or....>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last trades at $1.1433, 7 or so pips higher, as early
signals from the U.S. Mid-terms start to hit the wires. Dems are faring well in
early counts, but a couple of key Rep holds in competitive house seats has
limited the follow through in USD weakness. 
- In EZ factors, Italy's gov't has called a vote of confidence to be carried out
Wednesday, which may see some of 5 Star's senators expelled from the party ranks
for dissidence over migration policies. 
- Tuesday saw some data releases come into play as well, as stronger than exp.
German, Spanish & aggregate EZ PMIs negated the impact of lagging French &
(notably) Italian figures. 
- The broken support-turned-resistance at $1.1467 provides the initial bullish
target, after the rate had a brief look above earlier. On the downside, bears
need a break below yesterday's highs of $1.1438 before challenging yesterday's
lows at $1.1392. 
- Newswires are busy covering the ongoing U.S. elections, but European focus
this morning falls on German industrial production numbers.

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