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Minor Negative React to German IP

EURO-DOLLAR
MNI (London)

EUR/USD had been pressing up against the overnight highs around $1.1740 into the release of Germany IP, with some expectation that they could come in better than expected based on Tuesday's Germany Factory Orders release. However, the data miss only provided for a minor pullback which could suggest rate continues to enjoy some buoyancy, though off lower levels following the Trump tweets. NY reaction to the mentioned tweets will be in focus for market direction.

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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