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DOLLAR: USD reverses course somewhat in early Europe, but volumes remain
particularly light. In CME EUR/USD futures, just 400 or so contracts have traded
on the recent blip higher, equivalent to around $60mln notional. Swedish retail
sales are the highlight of the European morning, but G10 FX will be focused on
this afternoon's US GDP numbers, expected at 4.2% on an annualised basis.