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Germany Flash PMI's, like the earlier...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Germany Flash PMI's, like the earlier released France flash PMI's,
beat expectations and provide for the added lift that has taken EUR/USD back
above $1.1100 but reported resistance to $1.1110 so far restricting progress to
$1.1109. Focus turns to EZ flash PMI data at 0800GMT. Next tech resistance seen
at the Aug19 high of $1.1114, a break here to open a move toward $1.1130. 
- Of note today, decent sized option expiries seen at $1.1040-60(E2.55bln),
$1.1095-1.1100(E1.87bln), $1.1135-40(E958mln), $1.1165-70(E1.62bln),
$1.1175-80(E1.26bln). 
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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