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Huge reversal in the single currency....>

EURO-DOLLAR
EURO-DOLLAR: Huge reversal in the single currency still underway here, with
EUR/USD now notching up a new high at $1.1027 just ahead of the 4pm WMR fix,
sparing the pair from clock one of the smallest range sessions in history. Move
not particularly evident in EUR/GBP, with greenback leading thew way against
most others. 1.1061 today marks clear trendline resistance drawn off the Nov4
high.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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