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Rate touched a low of $1.1125 Friday....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Rate touched a low of $1.1125 Friday ahead of the NY open, as
markets reacted to the earlier news of the killing of an Iranian military
commander General Qassem Soleimani, before it bounced back to post a fresh
intraday high of $1.1180. Recovery was seen driven by the release of
disappointing Mfg ISM data, with release of FOMC Minutes not providing any major
surprises. Rate drifted back to $1.1152 post fix before closing the week at
$1.1160. Consolidation through Asia with rate contained within $1.1159/71,
extending the base slightly to $1.1157 in early Europe. Germany Retail Sales
provides the early data interest at 0700GMT, market median 1.0%mm, 1.1%yy. Final
EZ Services PMI data from 0815GMT through to 0900GMT, Sentix Investor Confidence
at 0930GMT ahead of EZ PPI at 1000GMT. US Services PMI released later at
1445GMT. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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