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Grinds its way to a fresh intraday......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Grinds its way to a fresh intraday low of $1.1002 in early European
trade, after consolidating in Asia between $1.1011-28. Support seen into
$1.1000/1.0998, a break to expose key technical support at $1.0980. FOMC this
evening provides the main market focus, along with China coronavirus
developments, but month-end approaching with some early models suggesting USD
sales versus the EUR to be seen(though model signal not as strong as that for
USD sales vs JPY). 
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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