Free Trial

Early European demand allows rate to....>

MNI (London)
EURO-DOLLAR: Early European demand allows rate to further extend its recovery
off early Asian lows of $1.1769 to $1.1801 before momentum faded. Resistance
seen in the area of $1.1800/05($1.1804 hourly high Nov15, 38.2% $1.1861-1.1769).
Break here to expose hourly resistance between $1.1835/45 ahead of Wednesday's
high of $1.1861.
*Options: Traders note the large option expiry interest at $1.1815-25(E4.8bn).
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

To read the full story



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.