Eur/usd - 1.2390 ... The single currency rose briefly abv y'day's high of 1.2413 to 1.2414 b4 retreating on profit-taking. German PPI will be released at 06:00GMT n is expected to show a rise of 0.1% m/m n 0.7% y/y. Bids are located at 1.2380 n further out at 1.2350/60 on improved risk appetites as European equities were seen opening slightly higher. On the upside, offers are tipped at 1.2440/50 with stops building up abv 1.2455.
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