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Modest dollar strength in early Europe........>

FOREX
FOREX: Modest dollar strength in early Europe further pressures the majors off
Asia traded highs. GBPUSD dips back under the 200-dma ($1.3064) to $1.3036 and
seen approaching near-term support at $1.3032/30 from the 23.6% retracement of
$1.2831-1.3094 & Nov 15 high. EURUSD eases to $1.1366 targeting a downside break
of cloud base support & 61.8% fibo of 1.1216-1.1570 at $1.1362/51. USDJPY
improves to Y109.73 with key topside focus on the Y110 level which has been hard
to overcome in previous sessions. 

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