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FED

Atlanta Fed 3Q GDP Est 6.1%

US TSY OPTIONS

10Y Put Scale Buyer Continues

FED

New York Fed Staff Nowcast

EUROZONE ISSUANCE

EGB Supply for W/C Aug 2

USD

USD Demand Into Month-End Fix

EURO
EURO: With all final composite and services PMIs now done for the Eurozone, the
figures continue to paint a picture of gradual improvement in new business and
inflationary pressure. The French and Italian figures were a touch weaker in the
final revision, but this has been compensated for by Germany's slightly better
headline. The EUR's relatively unchanged on the data. Support is unsurprisingly
seen ahead of the $1.20 level which held strong yesterday, while resistance is
eyed at the Jan2/Jan3 highs of $1.2066 and $1.2081.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com