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Thursday, March 11, 2010

EUR range trading, still wobbly

(London) - Euro has traded a tight range of 15 pips since the US open, largely unmoved by the disappointing jobs release earlier today. EUR/USD currently quotes at 1.3677 and is trading sideways bounded between 1.3679 and 1.3663.

Little in the way of solid developments in terms of the Greece situation, and a growing nervousness over other fiscally stretched Eurozone states has limited upside for the pair.

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