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By Dian L. Chu, EconForecast The Euro closed up Friday`s session at 136.13, and looks poised to make a run up to test the 140 level in February. I, among many, was thinking the Euro would next test the 125 level, and things started heading well in that direction with the Euro moving down to 129, and appearing on a downward slope. So what happened? Well, there have been quite a few new developments that prompted this reversal of the euro fortune.   PIIGS Bond Sale Surprise  First, Portugal and Spain had those long anticipated bond auctions, and…

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