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EUR picks up demand interest as.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: EUR picks up demand interest as EUR/USD edges back up to $1.1781,
though so far holds off a retest of earlier high of $1.1785. EUR/JPY also seen
approaching its earlier high of Y130.02 while EUR/GBP extends recovery to
Gbp0.88175. US name sales in early Asia had pressed rate to posted lows of
$1.1741 with market wary of any potential headwind resistance emerging. Break of
$1.1785 exposes $1.1800. 
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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