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*** German political comment and EZ.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** German political comment and EZ data keep Eur buoyed. 
Asia maintained the recovering tone in Eur/Usd, seen from Wednesday's low of
$1.1736, the rate having pushed on Thursday to $1.1856, with Asia taking it on
to $1.1859 from an early dip low of $1.1837. Upside pace has slowed but
underlying tone remains positive, though now seen needing a break above the
$1.1860/70 area to boost upside potential further. Rate trades around $1.1846 at
writing. Support $1.1837-24.
* Article in Bild suggests Greens pushing Merkel to forge coalition with SPD. 
- Talk Thursday suggests SPD open to talks.   
* Germany Ifo 0900GMT, market median Business Confidence 116.7, Expectations
108.8, Current Assessment 125.
- Belgian Business Confidence Thursday stronger than forecast at 1.6(forecast
0.8), often a signal for Ifo.
* Options: Expiries $1.1700(E1.39bn), $1.1750-55(E666mn), $1.1900(E364mn).  
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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