Free Trial

Opened in Asia toward the upper end.....>

EURO-DOLLAR
EURO-DOLLAR: Opened in Asia toward the upper end of yesterday's $1.1829 to
$1.1888 range, where positive progress on pro-growth tax reform underpinned the
greenback. There is no data or scheduled events in Asia likely to impact
trading. Local traders expected sideways consolidation ahead of the European
open and release of European PMI's. Support is being found near to the daily
ichimoku cloud top ($1.1834), while hourly resistance is located around $1.1880.

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.