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Building On Earlier Cheapening Bias


Futures Lead Move Lower In Tokyo


Japan Jul Machine Orders Jumped; +5.3% M/M


Fresh Selling In Asia

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MNI (London)
EURO-DOLLAR: Under pressure again as rate drops back from its brief recovery
high of $1.1465, moving through its initial low of $1.1438(following the break
of $1.1500), to $1.1432. Rate currently trades back at $1.1442, this recovery
aided by EUR demand via crosses. Next technical support seen down at $1.1412(Eq.
move $1.1746-1.1530 off $1.1628). 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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