UJPY - The Euro Approaches $1.19 As Corrective Pressures Persist And U.S. 10-Year Yield Slips Below 1.65%
- The heavier tone for the dollar that emerged last week persists.
- The final read of the EMU services and composite PMI was better than the flash reading.
- There is no reason to expect much fresh color on the Fed's views or reaction function from the FOMC minutes.
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The Euro Approaches $1.19 As Corrective Pressures Persist And U.S. 10-Year Yield Slips Below 1.65%