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The recovery off earlier traded lows....>

EURO-DOLLAR
EURO-DOLLAR: The recovery off earlier traded lows ($1.1618) squeezes to fresh
highs of $1.1649. Traders report of continued light volumes with next resistance
seen at $1.1658 (38.2% $1.1722-1.1618), option-related resistance behind at
$1.1700 which holds a very large $1.29bn expiry for today's NY cut. 

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