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News that Apple will close stores in....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: News that Apple will close stores in Florida and Arizona due to the
rising cases of COVID-19 infection provided the bigger kick to risk, equities
dropped away with the risk off move leaving the reported stops sub $1.1180
exposed. Rate dropped to $1.1168 before recovering, finding support back above
that $1.1180 level into the NY afternoon. Expect some resistance into $1.1200
ahead of $1.1220. Risk, via equities, remains the key driver of 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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