Eur/usd - 1.3158 ... Although the single currency rallied to 3-month high of 1.3196 due to improved risk appetites n the sharp rise in global stock markets, euro retreated on profit taking together with some focus on ECB Trichet's potential successor. Buba President Axel Weber may become the next head of the ECB when Frenchman Jean-Claude Trichet retires in the autumn of next year. Selling interest fm Asian, sovereign, China, Swiss names are tipped ahead of 1.3200 option barriers while some bids are located other Asian, sovereign n Koreans are located at 1.3100 with stops building up below 1.3080. Eurozone will release PPI at 09:00GMT.
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