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09:30 UK Trade in goods (September), bln -9.8
09:30 UK Non-EU trade (September), bln -5.7
The euro dropped amid concern Italy will join Greece in struggling to form a new regime strong enough to implement austerity measures following the resignation of Prime Minister Silvio Berlusconi.
The yield on Italy’s two-year notes rose above the rate on 10-year bonds. The five-year note yield climbed above 7.5 percent for the first time since the euro was introduced in 1999.
Greek Prime Minister George Papandreou’s talks on forming an interim government dragged into a third day as a near- agreement with the biggest opposition party stalled on European Union demands for written commitments.
EUR/USD: the pair fell in $1.3610 area where met support.
GBP/USD: the pair fell below $1.5900.
USD/JPY: the pair held in Y77,55-Y77,80 area.
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