Euro fallout remains a focus point before the weekend ...Middle East

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Euro fallout remains a focus point before the weekend
The dollar showed much resilience in trading yesterday, despite setbacks from a softer PPI report and weekly jobless claims data. A strong bid in the 30-year Treasury auction perhaps underscored some of the bigger flows in markets, with traders shifting their allocation from Europe to the US. The political developments in Europe since last weekend is arguably the main reason for that.If so, that will keep the euro in focus again in the day ahead. The fallout in the single currency is still one of the more notable developments in FX this week. EUR/USD erased its Wednesday gains entirely in trading yesterday and is now poised for back-to-back weekly declines for the first time since March. Bes

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