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Pares early gains as Europe brings......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Pares early gains as Europe brings pressure to bear. Rate had seen
an extended high of $1.1056 into the session after Asia had seen risk appetite
improve. However, with ECB looming on the horizon Thursday the early rally
quickly attracted sellers. Rate has been pressed back to the opening low of
$1.1038 with rate retaining a heavy feel at writing. Support is seen in place
between $1.1030/20, a break to expose $1.1000. 
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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