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Renewed dollar strength was quick to pare.....>

FOREX
FOREX: Renewed dollar strength was quick to pare EUR & GBP gains with moves to
$1.1436/1.2763 respectively. EUR earlier shrugged off the very weak German
Industrial Production data with topside focus on the 100-dma ($1.1477) & key
$1.15 level for the next leg higher. GBPUSD remains at the mercy of Brexit
headlines ahead of next week's Meaningful vote (Jan 15). Resistance is reported
on approach to $1.28 ($1.2797 - Intraday high), a break opens the Dec 31 high at
$1.2815. 

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