EUR/USD slips back below $1.4200 to post a low of $1.4186. Traders eye key supports at $1.4155 (April 18 low) and $1.4150, the 61.8% retrace of the Jan/May rally.

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11 May 2011

EUR/USD slips back below $1.4200 to post a low of $1.4186. Traders eye key supports at $1.4155 (April 18 low) and $1.4150, the 61.8% retrace of the Jan/May rally.

FED, Lockhart: QE3 may not be needed, but it'd take several mos of large jobs numbers for Fed to remove "extended period".

Dow -159.69 at 12600.90, Nasdaq -35.95 at 2835.94, S&P -18.32 at 1338.84

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