Free Trial

Despite the release of strong German....>

EURO-DOLLAR
EURO-DOLLAR: Despite the release of strong German state & national CPI readings,
overriding USD strength has been the theme with EURUSD dipping back under
$1.1700 to extended pullback lows of $1.1671. Rate seen approaching key support
from the 100-dma at $1.1657, A break below here shift the focus back to the
downside, suggesting a resumption of weakness towards the Sep 10 low at 1.1526.

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.