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Contained within a tight range of.......>

MNI (London)
EURO-DOLLAR: Contained within a tight range of $1.1134-47 through Asia, though
favouring the base in early Europe and marking a fresh low of $1.1133. EUR/GBP
sharp rise provided some support overnight but as that has backed away from
Gbp0.9190 so EUR/USD seen drifting back. Minor support seen around $1.1130, a
break to expose Monday/Friday lows of $1.1113-12 ahead of stronger interest into
$1.1100 ($1.1102 Jul25 low - ECB initial react). Resistance remains at $1.1151.
- Germany states release their regional CPI data, Saxony usually first at
0700GMT, the main pan German release at 1200GMT.
- EZ Sentiment indicators due for release at 0900GMT.
- US Personal Income and PCE at 1230GMT to provide interest ahead of Wednesday's
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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