Free Trial

In news over the weekend there was a....>

EURO-DOLLAR
EURO-DOLLAR: In news over the weekend there was a setback for Germany's Merkel
after defeat in the northern state of Lower Saxony as she prepares for tricky
coalition talks this week. Markets will also be looking to Catalonia this
morning, Puigdemont has until 0800GMT to clarify his independence stance.
Euro-dollar opened heavy into Europe with a move back under $1.1800, rate
touched pullback lows of $1.1793 before dip buyers cushioned falls. There are
bids reported through to $1.1780, a break here opens $1.1775/50 (50%/61.8%
$1.1670-1.1880). Euro-dollar last $1.1797.

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.