Eur/usd - 1.2548 ... The single currency bounced briefly to 1.2574 on rumors that a major US inv. bank bought eur/jpy (rose fm y'day's 122.70 low to 123.77) aggressively in Asian morning, however, selling interest fm various accounts below 1.2580 limited euro's upside somewhat. The trading book is relatively thin in Asia after this week's choppy movements n ahead of the important U.S. non-farm payroll data later today. Some offers are noted at 1.2580 n 1.2610/20 while some bids fm Asian names are located at 1.2520 n 1.2500/05 with sizeable stops building up below 1.2450.
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