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Sharp slippage after the release of.....>

EURO-DOLLAR
EURO-DOLLAR: Sharp slippage after the release of soft German mfg PMI which came
in below forecast at 44.5. EURUSD slipped 20 pips to react lows of $1.1271 and
brings the 21-dma & broken down trendline off Mar 2009 into view at $1.1265/54. 

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