Free Trial

*** Coming under a little pressure as...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Coming under a little pressure as we head toward ECB Draghi
speech in Landau Germany (0725GMT), rate easing back to the $1.1750 level and
just off earlier Asian low of $1.1748. Support noted into Tuesday's low of
$1.1745(50% $1.1662-$1.1828), a break to expose next band of support between
$1.1730/20. Some speculation that ECB Draghi could use this speech to hint at
tapering QE rather than Friday's Jackson Hole speech, if he does at all. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.