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Forex pairs in this Article » EUR/USD (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that the most eye catching headline today is the news that Berlusconi's PDL party is closing in on leaders, the DPL.

He writes, "There is enough uncertainty around Spanish and Italian politics to ensure that the next leg higher for the Euro is delayed, but unless we see EURUSD close below yesterday's low (1.3460), we will not be re-thinking any targets - EURUSD looks set to test 1.38 this month."
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