Free Trial

Dollar seen under general pressure......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Dollar seen under general pressure with Usd/Jpy squeezing back
toward the Y112.50 currently leading the move. Eur/Usd edges back above $1.1780,
currently around $1.1783, and just off its recently posted high of $1.1789. Next
resistance seen at $1.1800/04 ahead of $1.1820. Some traders view the 55-dma at
$1.1837 as a potential target. 
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.