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Feels the weight from cable slippage,...>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Feels the weight from cable slippage, extends intraday low to
$1.1585 to $1.1584 with recovery efforts so far holding shallow. Eur cross
trading seen providing drive, but at same time also providing counters. Support
noted at $1.1583(50% $1.1554-1.1611) ahead of hourly support seen between
$1.1575/65. Stronger support remains at $1.1554/50. Traders aware that E1.33bn
of expiries seen for today's NY cut between $1.1560/45. 
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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