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Risk received a knock back Wednesday....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Risk received a knock back Wednesday on a report that signing of
the Sino-U.S. phase-one trade deal may be delayed. This has prompted a move back
into JPY, which has driven FX moves. EUR/USD broke below support at $1.1064 in
Asia, extending lows to $1.1055 before edging back, though remains below that
broken $1.1064 support into Europe. Germany IP due for release at 0700GMT
(market median -0.4% mm, last 0.30%mm) and in focus after Wednesday's Germany
Factory orders came in stronger than forecast. EU Commission Qly Forecasts at
1000GMT also in view. 
* Support now seen at $1.1055/50, $1.1044/39(55-dma/50-dma) ahead of $1.1030.
Asian traders note concern if rate sghould break below $1.0990/85. Resistance
$1.1070/80 ahead of $1.1100.   
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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