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Euro/dollar: Europe open $1.1685,......>

EURO SUMMARY
EURO SUMMARY: Euro/dollar: Europe open $1.1685, range $1.1685-1.1722, NY open
$1.1708, range
*Edged on to $1.1722, as the Eur picked up general demand interest
following the release of stronger than median forecast Germany CPI.
*Extended recovery, off Thursday's pullback low of $1.1650, to
$1.1732.
*The release of slightly weaker than expected GDP revisions witnessed broad
based dollar pressure. The pair spiked to a new intra-day high of $1.1754
*The dollar pared back some of its post GDP losses, with the
rate slipping towards $1.1715.
*Pressure on the greenback following firming commodities and US Tsys
yields falling saw the rate grind towards the intra-day high of $1.1754.
*In reaction to reports by RTRS that North Korea has fired a test
missile has seen the rate spike to a new intra-day high of $1.1764
*The pair drifted back towards $1.1750 into the NY close, however the bearish
dollar tone remained. 

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