MNI BRIEF: Tech Investment A Must For ECB Regulators - McCaul

MNI China Daily Summary: Thursday, June 13

MNI BRIEF: China Ready To Safeguard Interests After EU Tariffs

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

Initial Claims Hit Highest Since Last August; Continuing Jumps

Labour Market Continues To Soften Gradually

MNI: US MAY FINAL DEMAND PPI -0.2%, EX FOOD, ENERGY +0.0%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EURO SUMMARY: EUR/USD Fades to Sizeable Expiry

EURO SUMMARY
BulletForeign Exchange Bullets
  • New pullback lows for EUR/USD in recent trade, with a modest pick-up in activity at 1207BST and 1210BST to put the pair at the lowest levels since May15 and through support of 1.0836. Fading spot market puts the pair inline with the most sizeable option expiry of the session, with E621mln rolling off at the 1.0830 mark (E277mln puts, E344mln calls).
  • Pressure on the single currency keeps EUR/GBP closer to lows. Weakness through 0.8512 exposes ahead of 0.8504.  
77 words

To read the full story

Close

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.
  • New pullback lows for EUR/USD in recent trade, with a modest pick-up in activity at 1207BST and 1210BST to put the pair at the lowest levels since May15 and through support of 1.0836. Fading spot market puts the pair inline with the most sizeable option expiry of the session, with E621mln rolling off at the 1.0830 mark (E277mln puts, E344mln calls).
  • Pressure on the single currency keeps EUR/GBP closer to lows. Weakness through 0.8512 exposes ahead of 0.8504.