Free Trial

It has been an uneventful start to......>

EURO-DOLLAR
EURO-DOLLAR: It has been an uneventful start to the new trading week, the single
currency confined to a narrow $1.1752 to $1.1766 range. In the absence of any
significant data in Asia local traders expect sideways consolidation with no
particular bias. In option space, $1.1700(E720mn) and $1.1795-00(E919mn) are the
notable near-by expiries for today. Daily trend-line resistance is located at
$1.1793, while hourly support lies at $1.1730. Euro-dollar was last at $1.1758

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.