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Recovery off post weak Saxony lows......>

EURO-DOLLAR
EURO-DOLLAR: Recovery off post weak Saxony lows ($1.2335) extends to the
$1.2365/70 area, before fading. State readings from Bavaria, Hesse and
Brandenburg to follow at the top of the hour. Eurozone Consumer Confidence,
Business Climate, Industrial Sentiment and Economic Sentiment are scheduled for
release at 1000GMT. Next up at 1300GMT preliminary German HICP data is on the
docket. Eur/Usd last $1.2364. 

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