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Market Roundup: Occam's Razor?

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EURO-DOLLAR
EURO-DOLLAR: Rate creeps to the highs of the day, printing the best levels of
the session at $1.1527, bringing spot into close proximity to the 38.2% Fibo
retracement level for the $1.1621-1.1494 move at $1.1543. A move above here
would open the yesterday's highs at $1.1581 and the Oct16 high at $1.1621. Eyes
now turn to the US weekly jobless claims figures at 1330BST as well as a speech
from ECB's Nowotny at 1200BST. He speaks at the Gewinn Messe retail investor
trade fair.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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