Free Trial

Pared part of its earlier recovery......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Pared part of its earlier recovery gains, after rate had bounced
back from lows of $1.1692 to $1.1739, traded to $1.1703, currently around
$`1.1706. Move seen as Eur/Jpy eased back below Y130.00. Support in Eur/Usd now
seen at $1.1692/87, with further demand interest seen into $1.1685 with stops
below. Further stops were earlier reported through $1.1670/60. Resistance
$1.1739 ahead of $1.1758. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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.