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Trades around $1.1709 as market.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Trades around $1.1709 as market awaits the earlier release of pan
Germany CPI at 1000GMT. Stronger than forecast releases in German states should
suggest that Germany CPI will come in above the forecast market median of CPI
0.2%mm, 1.5%mm and expect market to be positioned that way. Resistance seen from
the earlier high of $1.1717, interest extending toward $11730 ahead of
$1.1745/50. Support $1.1671 ahead of stronger interest at $1.1650. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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