Free Trial

EURUSD has advanced in early dealing....>

EURO-DOLLAR
EURO-DOLLAR: EURUSD has advanced in early dealing after the Italian President
blocked the formation of the M5S/League gov't as a euro-sceptic was proposed as
the economy minister, which will likely send Italy back to the polling booths.
- Questions also hang over the Spanish political space, with PM Rajoy set to
face a no confidence vote (his party lies 4th in the most recent opinion poll).
- EURUSD last deals at ~1.1690, with resistance noted at the May 24 high
(1.1750), while support comes in the form of the YtD low (1.1643).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.