Free Trial

Consolidation largely remains the.......>

EURO-DOLLAR
EURO-DOLLAR: Consolidation largely remains the theme with Eur/Usd held to a
narrow $1.2209-44 range as focus turns to Eurozone CPI data at 1000GMT for
direction. CPI is expected to ease to 1.4% y/y, in-line with the flash estimate.
Core CPI is expected to fall to 0.9% y/y. Traders have reported of demand at
$1.2205 and through to $1.2190, stops are placed behind on a break of $1.2180.
Eur/Usd last $1.2228. 

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.