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EURUSD continues in the middle of its...>

EURO-DOLLAR
EURO-DOLLAR: EURUSD continues in the middle of its narrow $1.1302-29 range,
contained by today's very large $1.1310-25 E2.85bn option-expiries. A downside
break of $1.1300, brings the 100-hma back into view at $1.1290, ahead of the
200-hma & broken trend line resistance at $1.1279/65. Bulls look for a topside
break of $1.1350, opening the 100-dma & Feb 20 high at $1.1367/71.
- Empire mfg (1230GMT), Industrial Production (1315GMT) and Michigan Sentiment
Index (1400GMT)the main highlights today. Industrial production in the US is
expected to rebound by 0.4% in February after a 0.6% decline in January, with a
number of negative signs for manufacturing production after January's decline.

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