Eur/usd - 1.4610 ... The single currency rose to a fresh '09 high of 1.4620 after triggered stops at 1.4600 n 1.4615 in part due to better than expected China data (CPI n trade surplus in August came out at -1.2% n $15 bln respectively against versus forecast of -1.3% n $12 bln), however, trading volume is thin at the moment as no major data are out fm the eurozone today. Cross-related buying interest is seen at 1.4580/90 n 1.4550 with demand fm sovereign accounts placed fm 1.4530 down to 1.4500. On the upside, offers (for profit-taking purposes) are noted at 1.4640/50 n further out at 1.4670-1.4690 (to protect stops just abv 1.4700).
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