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Extends lows to $1.1386 as market.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Extends lows to $1.1386 as market reacts to release of weaker than
forecast Germany Factory Orders data, coming in at -1.6%mm vs 0.3%. However,
market looked well positioned for this outcome with profit take demand emerging
to cushion the initial react but underlying heavy tone remains. Next support
seen at $1.1376(61.8% 61.8% 1.1290-1.1514) with a tech highlighted level of
$1.1363 behind. 
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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