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Lifts above $1.1700 as market reacts....>

MNI (London)
EURO-DOLLAR: Lifts above $1.1700 as market reacts to release of stronger than
forecast Germany Manufacturing Orders data. Rate managed to touch an extended
intraday high of $1.1702 (Asia high $1.1668), currently back around $1.1693.
Traders aware that the $1.1700 level holds the strikes of expiring options for
today's NY cut, E2.28bn. Next resistance noted between $1.1720-25.  
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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