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Retains Buoyant Tone Through 1600BST Fix

EURO-DOLLAR
MNI (London)

Rate retains a buoyant feel through the 1600BST fix, though holds off pre fix highs of $1.1798. Positive risk outlook has provided the main upside drive through the day, aided by Trump health outlook, US fiscal hopes and non-Mfg ISM coming in above expectations. Resistance is seen into $1.1800 ahead of $1.1812(50% $1.2011-1.1612) and $1.1820. Mild support seen into $1.1780, stronger at $1.1770 and into $1.1750.

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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