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Extends early Europe lows to $1.1537....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Extends early Europe lows to $1.1537 as market reacted to Italy
headlines, ruling party League economic head reported saying that Italy would
solve most of its problems if it had its own currency, adding that if Italy had
wanted to confront the EU it would set a budget deficit of 3.1%. Move has seen
rate break back into its Ichimoku cloud after easing below $1.1546, the base
coming in close behind at $1.1529. Talk in Asia noted support between
$1.1530/25, a break below suggested could accelerate sell interest. 
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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