Free Trial

Momentum falters above 1.16 For...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Momentum falters above 1.16
For two consecutive sessions, the pair failed to gather momentum on a break
above 1.16 and looks unlikely to register a close above the handle. A hold above
is required to see bulls regain the upper hand and look to break back into the
higher end of last month's trading range, which currently comes in at 1.1702.
Bears need a close back below 1.1500 in order to return focus to the downside.

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.