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Rate continues to modestly recover......>

EURO-DOLLAR
EURO-DOLLAR: Rate continues to modestly recover from the $1.1505 lows and now
sits just 20 pips or so shy of turning flat on the session after Italian
concerns weighed throughout the European trading day and much of the US morning.
A recovery back above $1.1580 would open a move toward the 100-dma at $1.1647
which may provide some resistance. A break above would mark the first since
Sep19.

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