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Usd demand into early Europe extends....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Usd demand into early Europe extends the corrective pullback away
from the rate's earlier Asian high of $1.1877 to $1.1863, holding just off its
opening Asian low of $1.1862. A break of $1.1860 to expose next support around
$1.1850. The Usd is beginning to show signs of demand, traders having reported
that hedge fund interest has recently begun to show Usd appetite though so far
meeting real money supply. 
* EZ Services and Composite PMI data beginning with Spain at 0815GMT. EZ Retail
Sales at 1000GMT.
* Brexit developments to be watched for any directional drive via Eur/Gbp. 
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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