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The pair makes a test of earlier........>

EURO-DOLLAR
EURO-DOLLAR: The pair makes a test of earlier session highs at $1.2253 in early
NY. A break of which could meet resistance at the 61.8% Fib level at $1.2263
($1.2323-1.2165) before meeting Jan17 hourly highs at $1.2288. Equity markets
have proved key drivers of currencies since the beginning of the week and that
may remain the case today with just under 30 minutes until the opening bell. US
stock futures trade broadly mixed (DJIA up, SPX and NASDAQ down) after
yesterday's strong performance. 

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