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Extends the recent downtrend before.....>

EURO-DOLLAR
EURO-DOLLAR: Extends the recent downtrend before basing ahead of $1.1730. A
gentle reminder of today's very large option expiries for the NY cut (1400GMT).
$1.1695-1.1705(E2.68bn), $1.1725-50(E5.17bn), $1.1800(E1.67bn). 

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