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Buoyant tone remains as rate trades.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Buoyant tone remains as rate trades just off earlier Asian highs of
$1.1986, currently around $1.1980. Large option barrier at $1.2000 expected to
draw protective sell interest ahead and expected to make progress toward this
level difficult. Stops noted on a break of $1.2010. Support $1.1956/50, with
stronger support remaining in place between $1.1920/10. 
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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