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02.11.10
The Us dollar is under pressure of a new Fed meeting regarding the next session of QE measures and the oil is rising on waiting for this event.
The Euro consolidates during the European session and due to this slight recovery Eur/Usd approaches to the very important resistance level of 1.4000.
The European currency has been supported also by the manufacturing PMI figures which showed that this October's indicator increased and buoyed up the Euro.
During the European trading the USD was higher against the JPY today and now the pair keeps testing the new resistance area.
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