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Opened in Asia at $1.1651 toward the....>

EURO-DOLLAR: Opened in Asia at $1.1651 toward the upper side of yesterday's
$1.1594 to $1.1658 range, where broad-based US dollar weakness and upbeat EU
data, with economic confidence surging to its highest level in almost 17 years,
underpinned the single currency. Local traders expect to see consolidation ahead
of the European open and release of European inflation data. Key resistance lies
at $1.1675 (38.2% $1.1837-$1.1575), while hourly support is seen at $1.1604. 

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