Free Trial

Having touched recovery highs of........>

EURO-DOLLAR
EURO-DOLLAR: Having touched recovery highs of $1.1621, rate failed to challenge
the 100-dma ($1.1628), with the subsequent retracement extending to $1.1580.
Bulls will need to overcome $1.16 at a closing basis for the next leg higher to
challenge the 100-dma & Sep6 high at $1.1659. A downside break of $1.1550 would
see bears regain the upper hand, targeting a move toward Friday's low at
$1.1535.  

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.