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Minimal upside reaction to the..........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Minimal upside reaction to the stronger than forecast headline
Germany Ifo though rate holding firm up against its pre release high of $1.1865.
$1.1868 provides a near term tech target, a break of $1.1870 to expose next band
of resistance at $1.1880/87. Tech traders have noted hourly divergence on charts
which could be helping to provide some of the current counter.  
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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