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Softer than forecast US Retail Sales....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Softer than forecast US Retail Sales data, released Wednesday
allowed EUR/USD to push up to $1.1086 post London fix. Rate eased to $1.1065
before closing the session at $1.1072. USD weakness persisted into Asia, saw
rate edge to $1.1085 before it drifted back to $1.1075 into Europe. EUR/USD has
tracked the recent volatile moves in cable in recent sessions, cable's rally
Wednesday aiding EUR/USD's rise, with the set back in sterling Thursday morning,
prompted by reported comments from the DUP on the proposed Brexit deal, has seen
EUR/USD dip to $1.1068 in opening European trade.
- Focus today on the EU Summit, Brexit headlines to be watched.
- EU Construction Production provides EZ data interest. 
- Speakers, ECB's Villeroy, Visco, Knot & de Cos
- Support $1.1065/60, $1.1025/20. Resistance $1.1085/86, $1.1100/10.      
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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