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The rate grinds higher to test..........>

EURO-DOLLAR
EURO-DOLLAR: The rate grinds higher to test overnight Asian highs of $1.1949 as
the softer dollar theme continues. To the upside, resistance could be met at the
Jan9 high of $1.1976 before hourly resistance and offers are reported at
$1.1980/85. Tier 1 European data is on the thin side, meaning trade more likely
to be dominated by sentiment and flow today. 

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