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EUR knocked lower by the release of.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: EUR knocked lower by the release of weaker than forecast France
flash PMI data. EUR/USD had managed to recover off early Europe lows of $1.1141
to $1.1156 ahead of French data only to drop to a fresh intraday low of $1.1140.
As mentioned earlier, mild support seen into $1.1140, a break to expose next
supports at $1.1125/16(May31/May30 lows). Attention will now switch to the
Germany flash release.  
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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