Trial now
AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

Eur/Usd: Asia open $1.2036, range......>

EURO SUMMARY
MNI (London)
EURO SUMMARY: Eur/Usd: Asia open $1.2036, range $1.1199-1.2036. Europe open
$1.2008, range $1.1993-1.2030.
* Corrective pullback away from Friday high of $1.2092 extended to $1.2015 then
settled around $1.2030 into close.
* No missile launch by N.Korea Saturday, and Hurricane Irma weaker on Fla land
fall, prompted Usd risk covering.
* Eur/Usd was pressed to $1.2013 in opening Asia trade but quickly attracted
Eur/Jpy led demand which edged it to $1.2026. 
* Once cross demand dried up Eur/Usd extended pullback to $1.1999 with recovery
effort capped below $1.2020. 
* Early Europe continued to meet resistance into $1.2020 before rate began to
drift lower again. 
* ECB Coeure comments warning of possible effects on inflation by persistent
strong Eur dropped rate to $1.1993.
* Buyers emerged into the dip, recovery eventually broke above $1.2020 to
$1.2030. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com