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A day of consolidation for EUR/USD......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: A day of consolidation for EUR/USD after rate settled around
$1.1300 following Friday's high of $1.1384. Trade was generally contained within
a $1.1280/1.1320 range apart from a dip to $1.1268 into the NY open. Rate
currently trades around $1.1305 in the NY afternoon. Resistance remains into
$1.1320, a break to expose $1.1340 ahead of $1.1357 with Friday's high of
$1.1384 behind.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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