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*** Reported stops sub $1.1710..........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Reported stops sub $1.1710 targeted and triggered in Asia with
another wave of sales into early Europe taking the rate to an extended low of
$1.1696. Rate has since recovered to that broken support at $1.1710 but met
resistance. Rate currently trades around $1.1707. Earlier talk suggested more
stops sub $1.1700 but others reported demand interest in place from $1.1700
through to $1.1680, adding that next band of stop interest more likely through
$1.1680/75. 
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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