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Fed Kashkari comments on effects of.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Fed Kashkari comments on effects of second wave COVID-19 to
unemployment prompts another round of sell pressure in equities, the move
pressing again on risk and taking EUR/USD back to test support around $1.1180
(rate currently trades at $1.1177 though this time struggling to clear below
this level. Next support seen at the earlier low of $1.1168 ahead of $1.1150.
Similar action in cable as rate seen applying pressure on support at $1.2350,
extends lows to $1.2345 but also looking loathe to press lower. 
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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