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Breaks above $1.1000 and extends move...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Breaks above $1.1000 and extends move through a reported descending
trendline at $1.1010(off Jun25) then stalls at $1.1015. However, underlying tone
remains buoyant with current corrective pullback holding shallow. Asian traders
earlier suggested that a break of $1.1025 could prompt stronger demand.  
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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