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Renewed dollar weakness witnessed a.....>

EURO-DOLLAR
EURO-DOLLAR: Renewed dollar weakness witnessed a bullish break in EURUSD
overnight, the rate took out down trendline resistance on the move to $1.1443
and holds firm at typing. Resistance is reported on approach to $1.1450, a break
opens the Nov 20 high at $1.1472. Broken trendline resistance-turned-support now
comes in at $1.1397.
- In other news, Italy's government is set to meet today to discuss possible 
changes to its expansionary budget, before the fiscal plan faces the Senate vote
and is put to discussion with EU leaders on Dec 13.
- The ECB MonPol decision due Thursday, with Friday set to bring a raft of ECB
speak in the wake of the decision. Key economic releases include French & German
CPI due Thursday, as well as EZ & German mfg PMIs due Friday.

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