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Euro/dollar: Europe open $1.1976,......>

EURO SUMMARY
EURO SUMMARY: Euro/dollar: Europe open $1.1976, range $1.1972-1.2006, NY open
$1.1990, range $1.1955-1.2007
*A source story from RTRS stating that "ECB policymakers
disagree on whether to set firm end-date for bond buying program in October" has
seen the rate crash to $1.1955, before dip buyers emerged pushing the rate
towards $1.1980.
*Slightly better than expected housing starts witnessed the rate drop
from $1.1986 towards $1.1970. Dip buyers emerged pushing the rate towards
S1.1990
*Broad based dollar demand in reaction to talk of a "tentative tax
reform deal being reached" has seen the rate drop towards $1.1960.
*A fresh bout of broad based dollar pressure, as profit takers emerged
saw the rate grind towards $1.1985.
*Broad based dollar pressure ahead of the FOMC witnessed the rate print a fresh
high of $1.2007 before slipping towards $1.1990.

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