| | | | BULLET: EURO-DOLLAR: Upside momentum strong enough to take...
EURO-DOLLAR: Upside momentum strong enough to take rate through recent highs/offers at $1.2320, but quickly faded to correct rate back to $1.2300. Rate retains a buoyant tone, currently trading around $1.2310/15. If rate can clear above $1.2320 expected to run into option related sell interest placed ahead of a reported $1.2350 barrier. Weak talk still swirling of another barrier close behind at $1.2370 which will add to the protective selling, one trader suggests.
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