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The dollar consolidates European morning.....>

DOLLAR
DOLLAR: The dollar consolidates European morning gains ahead of US GDP data at
the bottom of the hour. Rumours of a stronger number underpin which has seen
USDJPY hold near the peak of its Y110.92-111.25 daily range. EURUSD eases to
$1.1622, GBPUSD comfortably holds below $1.3100, while gold continues its
downtrend losing $8 on the session to $1217.61.

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