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Early Europe Usd demand fades and.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Early Europe Usd demand fades and allows Eur/Usd to edge away from
its extended low of $1.1836 to currently trade around $1.1848. Minor resistance
expected into the earlier Asian/NY low of $1.1851, a break to relieve some of
the earlier downside pressure. Resistance above $1.1851 seen at the earlier high
of $1.1888. While rate holds below $1.1851 keeps downside in focus. 
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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