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EUR/USD: Asian bids rumored again on dips

By   || February 3, 2010 at 14:27 GMT
|| 1 comment || Add comment

After selling in the 1.4020/25 area earlier today, traders report they are picking up bids from Asian central banks at the 1.3925 level. EUR/USD is consolidating losses now at 1.3943.

Non-manufacturing ISM is the next economic hurdle for the market. An uptick to 51.0 is expected from49.8 in December.

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One Response to “EUR/USD: Asian bids rumored again on dips”

  1. Credo on February 3rd, 2010 14:37 GMT

    come on Jamie, where’s the guessing thing for NFP? people are awaiting…

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