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Rate falls through the day's lows as....>

EURO-DOLLAR
EURO-DOLLAR: Rate falls through the day's lows as equities on both sides of the
pond begin to sour and slips below the 200-wma at $1.1313 in the process. A fall
through the $1.13 would be the first show below the handle since Nov15 and
brings markets into very close proximity to E1.2bln worth of option expiries
rolling off in 10 minutes at $1.1295-1.13. The 76.4% fib retracement level for
the $1.1216-1.1472 move sits at $1.1276.
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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