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EUR trades generally stronger on the....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: EUR trades generally stronger on the day, EUR/USD extends recovery
to $1.1018 and retains a buoyant feel. Traders have been noting De Guindos
comments, from a released speech Wednesday(speech Oct7), which suggested that
there is no rush to boost the ECB package, seen in contrast to recent comments
from ECB Economist Lane in which he said that the Bank is prepared to ease
further. De Guindos comments have prompted a paring back of further rate cut
forecasts. Release of ECB Minutes at 1130GMT in focus. As mentioned in earlier
bullets, Asian traders suggested demand could be boosted on a break of $1.1025. 
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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