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EUR/USD prints session highs of.........>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD prints session highs of $1.1443 in the wake of the BBG
headlines suggesting that Denmark is ready to fall in line with the broader EU
consensus re: EUR400bn worth of grants in the fiscal package. Bulls look to
$1.1452, the Jul 15 high and the intraday bull trigger, as the initial level of
resistance.
- Note that the remainder of the Frugal 4 i.e. the Netherlands, Austria and
Sweden all need to vote in favour of the package for it to pass.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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