Eur/usd - 1.2347 ... Despite euro's brief but strg rebound to 1.2433, the single currency fell sharply fm 1.2321 on talk of aggressive selling fm Asian central banks to reduce euro holdings in their FX reserves. Offers are tipped at 1.2370/80, 1.2400 n 1.2430 with stops are building up abv 1.2450 (sizeable). On the downside, stops below 1.2321 are in focus but bids are located at 1.2260/70 n 1.2330/40.
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