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EUR/USD Continues To Rise; Likely Bid In Asia

Forex News EUR/USD continues to rise early Wellington; pair pushed up overnight on higher oil prices, weaker Wall Street; last 1.5928 vs 1.5898 late overnight trade in New York, may remain bid in Asian session; but Brown Brothers Harriman FX strategists say while dollar remains vulnerable EUR/USD unlikely to tap new highs in coming days; adds FX markets seaching for direction after last week's developments, led by US government intervention to prop up mortgage giants Freddie Mac, Fannie Mae.



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