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Further to 6:47GMT bullet on............>

EURO-DOLLAR
EURO-DOLLAR: Further to 6:47GMT bullet on EURUSD...
- Decent reaction to the weak German exports print here, which came in at
-0.8%M/M (consensus +0.4%). Concerns have been picking up surrounding the German
economy recently, with automobile manufacturing and trade the main worries and
this print has done little to reassure.
- Bear in mind that this is a very volatile data series and we saw a similar
negative surprise in July.
- EURUSD fell to its lows of the day of 1.1412 but has since recovered a few
pips of its losses.

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