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In terms of weekend news, we learnt.....>

EURO-DOLLAR: In terms of weekend news, we learnt that Italy is set to role out
an unprecedented infrastructure programme in September. While Greece has
successfully concluded its bailout programme, although the chief of the
country's central bank has noted that there "is still a long way to go" re:
fixing imbalances. EURUSD failed to breach Friday's late high ($1.1445) in Asia
and has since drifted on mild dollar strength to $1.1411. Quiet on the data
front this week with highlights on Thursday from Euro flash area PMI's. Markets
will also look to FOMC minutes (Wednesday), Jackson Hole (Thursday) and Fed
Chair Powell's keynote speech on monetary policy in changing economic (Friday).
Hourly support is located through $1.1395/00. On the topside bulls need to break
the broken neckline support now resistance area at $1.1500 to gain stability.
EURUSD last $1.1414.

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