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Early downside pressure fades and.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Early downside pressure fades and allows rate to edge back from
early Europe lows of $1.1731 to $1.1748. Move seen as Eur/Jpy, which had
prompted the earlier fall, edges back toward Y128.00. Support remains between
$1.1730/20, resistance $1.1766(Asia high). ECB Draghi speech Friday at Jackson
Hole holds main focus, though one trader highlights Wednesday's Draghi speech in
Lindau.
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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