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Profit taking off the high ($1.1838)....>

EURO-DOLLAR
EURO-DOLLAR: Profit taking off the high ($1.1838) initiated fresh short
positions in the $1.1830's with the move extending to $1.1821. The EUR remains
at elevated levels with main focus today on Eurozone 2nd estimate of GDP data at
0900GMT, the q/q figure is not seen changing from its prior q/q growth of 0.4%.

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