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Extends YTD/22-Month High to $1.1781 Through Fix

EURO-DOLLAR
MNI (London)
  • Momentum fund USD sales cited providing main drive in US.
  • USD sales seen across the board.
  • EUR/USD touched a fresh YTD high of $1.1781at the fix.
  • Cable made a show above $1.2900 (high $1.2902)
  • USD/JPY found a base at Y105.12 at same time.
  • Corrective pullback finds support ahead of $1.1740.
  • Resistance suggested $1.1780/1.1800.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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