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Extended its rally to make a brief......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Extended its rally to make a brief show above $1.1700, touched
$1.1701 before easing. Move up was aided by release of softer than forecast US
CPI, with ECB Draghi viewed less dovish. Rate pulled back to $1.1669 before
settling around $1.1680 post London fix. Resistance remains around $1.1700,
ahead of the Aug30 high of $1.1718.   
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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