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*** Trades with an underlying buoyant...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Trades with an underlying buoyant tone but remains off the
Asian high of $1.1889, though was tested earlier in the session. Rate currently
trades around $1.1887 and looks positive but just can't muster any decent demand
as yet. Focus on this afternoon's US NFP/AHE data. A break of Thursday's high of
$1.1893 to expose the Aug2 high of $1.1910. Asian traders earlier reported
barrier interest at $1.1925 which is expected to draw defensive selling ahead. 
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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