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Rate appears to have based at the.......>

EURO-DOLLAR
EURO-DOLLAR: Rate appears to have based at the European late morning low of
$1.1672, climbing to just shy of the $1.17 handle. Asia trade saw EUR/USD climb
to a high of $1.1718, just below the Friday of $1.1722, which becomes the next
level of resistance (and coincides with the upper 2% Bollinger band. A rally
through that mark will open up a move toward the 1.0% envelope 10-dma line at
$1.1748. The data calendar remains quiet today, keeping focus on the ongoing
China-US trade spat, with the Fed's blackout period also keeping central bank
chatter off the table.

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