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Opening dollar index selling got........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Opening dollar index selling got Eur/Usd back up to $1.1907(Asia
high $1.1911) but reversal seen picking up momentum as rate drops back to
$1.1879. Support seen at the earlier low of $1.1868, with stronger demand
remaining in place at $1.1852/50. Eur seen under pressure across the board,
Eur/Jpy back below Y130.00, while Eur/Gbp continues to extend lows, touches
Gbp0.9164 and seen holding heavy. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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