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Gets kicked higher as EZ Flash CPI......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Gets kicked higher as EZ Flash CPI shows core data coming in at
1.2%yy, vs forecast for 1.1%. Headline CPI came in at the expected level of
1.3%. Eur/Usd has pushed up to $1.1744, off earlier lows of $1.1723. Move also
fuelled by strong demand in Eur/Gbp as this rate breaks above its earlier high
of Gbp0.89535 to Gbp0.8962. Eur/Usd resistance seen into the earlier high of
$1.1762, with Friday's high of $1.1764 sitting close behind. 
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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