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Decent EUR demand emerged in early......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Decent EUR demand emerged in early Europe, interest seen across the
board allowing EUR/USD to extend intraday high to $1.1566 following Asia's
consolidation between $1.1519/49. Noticeable in Asia that risk aversion remains
but was seen fading. However, this recovery holds off Tuesday's rebound from the
fresh 2018 low of $1.1510 to $1.1590, with the area between $1.1590/1.1600 now
seen as the area to move above to relieve pressure. 
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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