Eur/usd - 1.2498 ... The single currency rallied fm 1.2193 to 1.2541 y'day as investors realised that optimistic assumptions of a U.S.-led global recovery may have been misplaced n dumped U.S. dollar broadly instead of buying the greenback as safe-haven currency. However, euro retreated briefly to 1.2486 in Asia ahead of today's important U.S. non-farm payrolls data which is expected to show 110,000 jobs cut. Offers are tipped at 1.2520/30 n further out at 1.2550 whilst some bids are located at 1.2450/60 with stops seen below 1.2450.
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