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*** Had picked up demand momentum.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Had picked up demand momentum which took rate to a fresh
intraday high of $1.1929(Asia $1.1925) ahead of Germany Factory Orders data, the
disappointing data knocked rate back to $1.1924 but only seen bruising the
current underlying buoyant tone. Resistance seen at Tuesday's high of $1.1941.
Rate currently trades around $1.1925 at posting. 
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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