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Fresh highs printed at $1.1854 as.......>

EURO-DOLLAR
EURO-DOLLAR: Fresh highs printed at $1.1854 as Reuters cites Italy's League
economics spokesman stating that ECB debt forgiveness is not part of their draft
proposals. Rate remains particularly sensitive to Italian politics at present,
with the next touted resistance level kicking in at $1.1875, the hourly recovery
high NY May15, off $1.1820. 

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