EUR/USD - 1.3637.. Euro finally eases fm 1.3655 after intra-day rally on short-covering (see previous update). Additional trigger for this move was Reuters report that S & P said today it was 'less pessimistic' on Greece than financial market. Greek PM is due to visit German Chancellor Merkel this Friday on Greek-aid talk, so shorts will look for dips to reduce their positions. A slew of eco. data fm Germany & eurozone are due out fm 07:00-10:00GMT, look out for any surprise strength esp. PMI which may trigger further short-covering. Bids as reported earlier remain at 1.3620-00 n some offers are now at 1.3650-70 area with more stops building abv 1.3680-90.
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