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Gets a lift in early Europe on..........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Gets a lift in early Europe on cable's positive response to UK
Employment data, EUR/USD able to extend its recovery to $1.0928, making a show
just above Monday's high of $1.0927. Underlying positive risk outlook remains
the key driver, EUR/USD able to hold above $1.0900 through Asia, with current
move seen extending the move away from the earlier Asian low of $1.0902. If rate
can extend move it will expose next resistance at $1.0945/50. Support remains
into $1.0900.  
- Germany ZEW provides the domestic data interest at 0900GMT. US Housing data at
1230GMT the data interest into the afternoon. 
- ECB Lane(dovish) speaks at 1400GMT. More in focus will be Fed Powell and
Tresury Sec Mnuchin making an appeance at 1400GMT (Quarterly CARES Act). Fed
Kashkari(dovish) and Rosengren(hawkish) also make an appearance later.    
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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