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Failure to break below the rising.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Failure to break below the rising trend support, off the Jun21 low
of $1.1509, at $1.1608 prompts short term shorts to cover back ahead of NY and
the BOE MPC rate decision. Rate currently trades around $1.1620, though
underlying negative tone remains in place. 
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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