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EURO-DOLLAR: Extended its recent recovery to $1.1145 into early NY trade, as the
EUR traded firm across the board. However, the single currency struggled to hold
those gains, though pullback held above $1.1100 with rate trading around $1.1130
into the month-end 1600BST fix. Market was seen long going into the event and
any additional demand was seen well catered for and rate drifted off to $1.1080.
Optimism over the proposed COVID-19 recovery plan should provide the EUR with
some buoyancy though risk remains a key driver across the market. On that note
US Trump is set to make a speech on China at 1400ET.
- Support seen at $1.1080/70, $1.1030, $1.1010/00. Resistance remains at