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Free AccessOpened toward the upper side of the.....>
EURO-DOLLAR: Opened toward the upper side of the $1.1809 to $1.1932 range
witnessed yesterday, where month-end portfolio rebalancing flows and demand in
euro-yen underpinned the single currency. Euro-yen flows will be the likely
driver in Asia, investors keen to see whether Japanese asset managers have
similar interest as yesterday. Support is located at $1.1885/70 (38.2%/50% fib
$1.1809-$1.1932), while hourly resistance lies at $1.1932.
To read the full story
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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.