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30 November 2001 16:54  Currencytalk: EUR/USD fails initial breach of .8920 after data.


The slightly lower than expected revision to U.S. Q3 GDP has not been enough initially to boost EUR/USD above tech resistance and offers around .8920. This resulted in a pullback to around .8895-00. Some say that the large decline in inventories holds the potential for a kicker for future growth whenever demand starts to pick up.
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