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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.
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Free AccessEur/Usd: Asia open $1.1967, range......>
EURO SUMMARY: Eur/Usd: Asia open $1.1967, range $1.1961-93. Europe open $1.1983,
range $1.1969-95.
* Corrective pullback from Friday's high of $1.2092 extended to $1.1926 at
Tuesday's NY open before rate began recovery.
* Eur/Usd edged to $1.1974, closing yesterday at $1.1967. Asia marked lows at
$1.1961 before recovery resumed.
* Rate edged up to retest $1.1974 then spiked on to $1.1993 as the Usd came
under general sell pressure.
* Reported Eur/Gbp supply provided the counter and left rate to bounce between
$1.1975/90 into early Europe.
* Early Eur/Gbp squeeze down to Gbp0.8983 saw Eur/Usd pressed to $1.1969 before
the cross pared losses.
* Eur/Usd rallied to a fresh intraday high of $1.1995 but again met headwind
sell interest placed toward $1.2000.
* Poor UK wage data weighed on cable, and with Eur/Gbp meeting resistance at
Gbp0.9030, pressed Eur/Usd back to $1.1979.
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Why MNI
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.