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Old 08-20-08, 01:46 AM
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Lightbulb Asian Market Update

EUR/USD failed to move above 1.4800 in Asia, but some analysts suggest that the USD's recent bounce could end when traders finish liquidating long positions in commodities and non-dollar currencies accumulated over recent months. Option dealers noted large numbers of USD/JPY vanilla option expiries in the 109.65-110.00 region, with some...

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