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FOREX-Euro nears key resistance; focus on ECB Trichet

March 7th, 2011

Euro steady on day, near 4-month high of $1.3890 * ECB Trichet likely to keep hawkish tone and support euro * Key resistance $1.3947/59, large option barriers $1.3950 * Reports of Libya peace plan dent Swiss franc (Changes dateline, adds quote, detail, previous TOKYO)   The euro hovered near a four-month high and a key [...]

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