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Focus remains on Eurozone HICP at the...>

EURO-DOLLAR
EURO-DOLLAR: Focus remains on Eurozone HICP at the top of the hour, expectations
are for it to drop slightly (Inline with the German decrease yesterday) to 1.4%
from 1.5% previously, downside is expected to be moderated by gains in energy
prices. Also out at the same time is Eurozone GDP & Unemployment data. GDP is
expected to print 0.6% on the quarter, translating to an annual rate of 2.4%.
Upside risks are posed by strength in the industrial sector as illustrated by
PMI's. Euro-dollar holds flat, last $1.1637. 

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