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Slow initial reaction to release of.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Slow initial reaction to release of stronger than forecast headline
German Factory Orders data, the m/m figure coming in at positive 0.5$ from an
expected fall of 0.2%. Rate has managed to stretch up to $1.1840 from its pre
release level around $1.1834. Minor resistance noted into an hourly high of
$1.1842. 
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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