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Euro opened in Asia at $1.1786 toward...>

EURO-DOLLAR
EURO-DOLLAR: Euro opened in Asia at $1.1786 toward the upper side of the $1.1721
to $1.1804 range witnessed by European and US markets yesterday, where modest US
dollar weakness was the main theme as profit-taking took hold. The single
currency is expected to trade sideways ahead of the European open and release of
Eurozone  CPI for September, where headline inflation is expected to rise at an
annual of 1.6%, up from 1.5% prior. Support seen at $1.1767 (NY low), while
resistance is found at $1.1804 (Sep28 high). 

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