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The rate recovers from a modest dip.....>

EURO-DOLLAR
EURO-DOLLAR: The rate recovers from a modest dip ahead of the NY crossover and
is once again testing session highs at $1.1989. Offers ahead of the $1.20 handle
have been noted and above there, resistance may be seen at the Sep20 high of
$1.2033. German CPI provides the event risk at 1300GMT. 

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