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Under broader pressure

EUR
  • EUR continues to be under pressure this morning, early USD buying on the Govie open may have helped, but the currency is seeing broader pressure.
  • ECB Rehn had some Dovish comment, but unlikely to be the driver as a leaning Dove, non voter for the October ECB meeting.
  • EURUSD is eyeing Monday's low now at 1.1770.
  • Below the latter, opens to 1.1758 (61.8% of the Aug 20 - Sep 3 rally)

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