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Recovery off traded low of $1.1743......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off traded low of $1.1743 picks up a bit of momentum as
rate lifts back to $1.1758. Move seen outpacing cable's recovery and takes
Eur/Gbp to a fresh high of Gbp0.8915, with Eur/Jpy also influenced by general
Eur demand. Eur/Usd resistance seen into the earlier Asian high of $1.1770.  
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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