0651 GMT [Dow Jones] EUR/USD, EUR/JPY already smarting from UBS news and now hurt too by announcement that Deutsche Bank faces markdowns in 1Q of around EUR2.5 billion, says Japan bank trader; "that's fairly a big number" which adds to concern over Europe banking sector. EUR/USD drops to 1.5667 and tipped in 1.5650-1.5750 range for now; EUR/JPY at 156.60 and expected at 156.00-157.50.(TAN)
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(END) Dow Jones Newswires
April 01, 2008 02:51 ET (06:51 GMT) | 
