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MNI: EUR/USD last trades at ~$1.1470, sticking to....>

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MNI: EUR/USD last trades at ~$1.1470, sticking to a tight range in early
Asia-Pac dealing. 
- On Tuesday EUR shrugged off the EU Commission's decision to demand changes in
Italy's expansionary fiscal plan, as expected. The Italian gov't said it does
not intend to back down with PM Conte announcing that "there's no plan B." At
the same time the spread between German/Italian 10-Year bond yields hovers
around 5-year wides. 
- After testing the key $1.1448 support level EUR/USD bears now look for a close
below, which would open up a move lower, to the Aug lows at $1.1301. Bulls
continue to eye $1.1550. 
- EZ points of note this week include the ECB MonPol decision due Thursday & EZ
flash PMI data due later today.

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