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Clawing higher again as rate extends....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Clawing higher again as rate extends recovery off its early Europe
low of $1.1696 to $1.1759 ahead of the NY open. Hourly resistance was noted
between $1.1750-63, the area currently providing some counter, a break to open a
move on toward $1.1800. Area between $1.1750-1.1800 holds around E4bn of
expiries for today's NY cut, largest between $1.1770-75(E2.23bn).
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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